2299 120th StCharter OakIA51439
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2299 120th St, Charter Oak, IA, 51439 in Charter Oak the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $189,000 price is below income-first thresholds, but 5%/yr value growth projects $52,217 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Charter Oak market data in our database. Property projections are estimates.
Manufactured
Built in 1971
18.75 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 1971
18.75 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ashley Hanke • RE/MAX Professionals Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329943
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