2260 360th AveDe WittIA52742
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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 De Witt at 2260 360th Ave, De Witt, IA, 52742 earns $840/mo cash flow from $1,496/mo rent with a $489/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $10,078/yr on $33,150 capital. ROI tracks 50.31% on current figures, and rental yield reads 17.95% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 266.4% and total cumulative return in cash sums $88,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Single Family
Built in 1890
6.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52742, De Witt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,409 (72.3%) |
| Renter Occupied HU | 728 (21.9%) |
| Vacant Housing Units | 193 ( 5.8%) |
| Median Home Value | $273,680 |
| Average Home Value | $299,149 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
3,080
Multi-Family
128
Businesses
291
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Listed by: Shelly Borota • Ruhl&Ruhl REALTORS DeWitt
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266087
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.