213 Main StReasnorIA50232
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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 Reasnor at 213 Main St, Reasnor, IA, 50232 priced at $218,000 pairs $1,385/mo rent with after a $1,067/mo payment. Total monthly income equals $1,385/mo. Return on cash invested is 19.4% in year one, and rental yield stands at 7.62% on a $218,000 basis. Equity gained on principal adds $1,407/yr, and 5% annual appreciation accumulates to $60,229 by year five. Five-year ROI measures 100.55% and total cumulative return in cash reaches $72,667. For financing, Ziffy Mortgage’s DSCR program evaluates $1,385/mo property income against a $1,067/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50232, Reasnor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 204 (100%) |
| Owner Occupied HU | 162 (79.4%) |
| Renter Occupied HU | 28 (13.7%) |
| Vacant Housing Units | 14 ( 6.9%) |
| Median Home Value | $286,667 |
| Average Home Value | $328,873 |
Housing Distribution
Address Breakdown
Residential
168
Single Family
168
Multi-Family
0
Businesses
9
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Listed by: Daehler, Sarah • Real Estate Solutions
Mls Name: DMMLS
Mls Provider:
Mls ID: #724911
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.