215 Traer StMount AuburnIA52313
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 Mount Auburn at 215 Traer St, Mount Auburn, IA, 52313 with 5% annual appreciation on a $175,000 basis while $1,634/mo rent supports operations. Total monthly income totals $1,634/mo and a $857/mo payment preserves $497/mo for cash returns. Annual cash flow comes to $5,964/yr on $58,013 deployed, and return on cash invested reaches 30.19% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.2%. Five-year ROI measures 158.36% and total cumulative return in cash totals $91,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,634/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52313, Mount Auburn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 186 (100%) |
| Owner Occupied HU | 146 (78.5%) |
| Renter Occupied HU | 16 ( 8.6%) |
| Vacant Housing Units | 24 (12.9%) |
| Median Home Value | $290,000 |
| Average Home Value | $383,716 |
Housing Distribution
Address Breakdown
Residential
114
Single Family
114
Multi-Family
0
Businesses
7
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Listed by: Oliver Dent • Ruhl & Ruhl, Realtors
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255744