223 White Castle NIowaLA70647
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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 Iowa at 223 White Castle N, Iowa, LA, 70647 at $251,535 posts ROI 32.42% with $869/mo cash flow from $2,477/mo rent. Total monthly income equals $2,477/mo, and annual cash flow records $10,428/yr on $83,384 to close. Return on cash invested measures 32.42% and rental yield reads 11.82% at the current $251,535. Equity gained on principal adds $1,623/yr, and 5% annual appreciation supports $69,494 by year five. Five-year ROI prints 170.22% and total cumulative return in cash totals $141,936.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,477/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.25 Acres lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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Listed by: Saun Sullivan • Cicero Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL24003065
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.