230 Washington StDenverIA50622
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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 Denver at 230 Washington St, Denver, IA, 50622 earns from $1,366/mo rent with a $1,150/mo payment. Total monthly income totals $1,366/mo. ROI tracks 17.44% on current figures, and rental yield reads 6.98% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 90.03% and total cumulative return in cash sums $70,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,366/mo property income instead of your personal income.
Single Family
Built in 1915
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50622, Denver, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,488 (100%) |
| Owner Occupied HU | 1,195 (80.3%) |
| Renter Occupied HU | 201 (13.5%) |
| Vacant Housing Units | 92 ( 6.2%) |
| Median Home Value | $256,884 |
| Average Home Value | $285,308 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,153
Multi-Family
56
Businesses
93
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