213 E Durant StWalcottIA52773
Nearby investment properties with comparable rents
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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 Walcott at 213 E Durant St, Walcott, IA, 52773 priced at $185,000 pairs $1,542/mo rent with $341/mo cash flow after a $905/mo payment. Total monthly income equals $1,542/mo, and annual cash flow comes to $4,092/yr on $61,328 invested. Return on cash invested is 26.58% in year one, and rental yield stands at 10% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 139.01% and total cumulative return in cash reaches $85,251. For financing, Ziffy Mortgage’s DSCR program evaluates $1,542/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52773, Walcott, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 761 (75.6%) |
| Renter Occupied HU | 181 (18.0%) |
| Vacant Housing Units | 65 ( 6.5%) |
| Median Home Value | $222,739 |
| Average Home Value | $252,349 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
614
Multi-Family
33
Businesses
66
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Listed by: Daniel Oien • First Choice Real Estate LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261273
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.