214 4th StWest PointIA52656
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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
Investment property for sale in West Point at 214 4th St, West Point, IA, 52656 offers a 13.96% rental yield on a $175,000 purchase with $2,036/mo rent. Total monthly income registers $2,036/mo, and a $857/mo payment leaves $896/mo available for distribution. Annual cash flow reaches $10,746/yr on $58,013 to close, and return on cash invested stands at 38.43% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 202.62% and total cumulative return in cash at $117,547. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,036/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1865
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52656, West Point, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,098 (100%) |
| Owner Occupied HU | 864 (78.7%) |
| Renter Occupied HU | 149 (13.6%) |
| Vacant Housing Units | 85 ( 7.7%) |
| Median Home Value | $293,506 |
| Average Home Value | $361,172 |
Housing Distribution
Address Breakdown
Residential
937
Single Family
923
Multi-Family
14
Businesses
57
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Listed by: Laura Story • Fraise Auction & Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329421
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.