21 Mill StWalkerIA52352
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Walker at 21 Mill St, Walker, IA, 52352 offers a 9.22% rental yield on a $172,000 purchase with $1,322/mo rent. Total monthly income registers $1,322/mo, and a $842/mo payment leaves $205/mo available for distribution. Annual cash flow reaches $2,458/yr on $57,018 to close, and return on cash invested stands at 24.22% in year one. Equity gained on principal adds $1,110/yr while 5% annual appreciation supports $47,520 over five years. Portfolio math shows five-year ROI at 126.36% and total cumulative return in cash at $72,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,322/mo property income against a $842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52352, Walker, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 628 (79.8%) |
| Renter Occupied HU | 83 (10.5%) |
| Vacant Housing Units | 76 ( 9.7%) |
| Median Home Value | $332,743 |
| Average Home Value | $369,049 |
Housing Distribution
Address Breakdown
Residential
601
Single Family
601
Multi-Family
0
Businesses
28
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Listed by: Rachel Sutton • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504640
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.