215 E Green StWest BranchIA52358
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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 Branch at 215 E Green St, West Branch, IA, 52358 uses $53,040 cash to close to unlock $29,172/yr annual cash flow and $2,431/mo monthly cash flow. Total monthly income runs $3,470/mo, and a $783/mo payment keeps the spread at $2,431/mo. Purchase price stands at $160,000, and rental yield measures 26.02% with $3,470/mo rent. Return on cash invested shows 74.91% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 398.15% and total cumulative return in cash records $211,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,470/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1908
10,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52358, West Branch, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,433 (75.3%) |
| Renter Occupied HU | 319 (16.8%) |
| Vacant Housing Units | 151 ( 7.9%) |
| Median Home Value | $298,664 |
| Average Home Value | $326,218 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,649
Multi-Family
42
Businesses
110
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Listed by: Marcy Willier • Urban Acres Real Estate
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202403237
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.