221 W 7th StLoganIA51546
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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 Logan at 221 W 7th St, Logan, IA, 51546 offers a 9.94% rental yield on a $220,000 purchase with $1,823/mo rent. Total monthly income registers $1,823/mo, and a $1,077/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,728/yr on $72,930 to close, and return on cash invested stands at 26.39% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 138% and total cumulative return in cash at $100,643. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,823/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51546, Logan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 881 (70.9%) |
| Renter Occupied HU | 247 (19.9%) |
| Vacant Housing Units | 114 ( 9.2%) |
| Median Home Value | $212,421 |
| Average Home Value | $255,352 |
Housing Distribution
Address Breakdown
Residential
1,148
Single Family
1,129
Multi-Family
19
Businesses
96
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