2127 Scenic RdgDe WittIA52742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 De Witt at 2127 Scenic Rdg, De Witt, IA, 52742 earns from $2,981/mo rent with a $2,254/mo payment. Total monthly income totals $2,981/mo. ROI tracks 19.7% on current figures, and rental yield reads 7.77% at a $460,500 purchase. Equity gained on principal adds $2,972/yr, and 5% annual appreciation supports $127,228 over five years. Five-year ROI reaches 102.18% and total cumulative return in cash sums $155,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,981/mo property income instead of your personal income.
Townhouse
Built in 1998
0.46 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52742, De Witt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,409 (72.3%) |
| Renter Occupied HU | 728 (21.9%) |
| Vacant Housing Units | 193 ( 5.8%) |
| Median Home Value | $273,680 |
| Average Home Value | $299,149 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
3,080
Multi-Family
128
Businesses
291
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Nearby investment properties with comparable prices
Listed by: Shelly Borota • Ruhl&Ruhl REALTORS DeWitt
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #QC4267728
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)