211 S Main StCharitonIA50049
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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
Rental property for sale in Chariton at 211 S Main St, Chariton, IA, 50049 priced at $170,000 pairs $1,325/mo rent with $221/mo cash flow after a $832/mo payment. Total monthly income equals $1,325/mo, and annual cash flow comes to $2,652/yr on $56,355 invested. Return on cash invested is 24.61% in year one, and rental yield stands at 9.35% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 128.44% and total cumulative return in cash reaches $72,381. For financing, Ziffy Mortgage’s DSCR program evaluates $1,325/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
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Listed by: Ellen Fitzpatrick • Ellen Fitzpatrick Real Estate
Mls Name: DMMLS
Mls Provider:
Mls ID: #722880
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.