212 Main StVan HorneIA52346
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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 Van Horne at 212 Main St, Van Horne, IA, 52346 priced at $220,000 pairs $2,183/mo rent with $754/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,183/mo, and annual cash flow comes to $9,048/yr on $72,930 invested. Return on cash invested is 32.32% in year one, and rental yield stands at 11.91% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 169.74% and total cumulative return in cash reaches $123,791. For financing, Ziffy Mortgage’s DSCR program evaluates $2,183/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52346, Van Horne, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 371 (74.5%) |
| Renter Occupied HU | 97 (19.5%) |
| Vacant Housing Units | 30 ( 6.0%) |
| Median Home Value | $198,897 |
| Average Home Value | $234,805 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
311
Multi-Family
25
Businesses
38
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Listed by: Shirley Jost • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501904
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.