2280 Prairie View RdDecorahIA52101
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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 Decorah at 2280 Prairie View Rd, Decorah, IA, 52101 earns from $2,220/mo rent with a $1,958/mo payment. Total monthly income totals $2,220/mo. ROI tracks 15.58% on current figures, and rental yield reads 6.66% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 80.36% and total cumulative return in cash sums $106,564. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Single Family
Built in 1994
0.99 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52101, Decorah, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,820 (100%) |
| Owner Occupied HU | 3,911 (67.2%) |
| Renter Occupied HU | 1,362 (23.4%) |
| Vacant Housing Units | 547 ( 9.4%) |
| Median Home Value | $308,845 |
| Average Home Value | $364,317 |
Housing Distribution
Address Breakdown
Residential
5,494
Single Family
4,974
Multi-Family
520
Businesses
583
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Listed by: Janice Numedahl • Kelly Real Estate Inc
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20253660
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