23446 148th AveLucasIA50151
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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 Lucas at 23446 148th Ave, Lucas, IA, 50151 earns from $3,224/mo rent with a $3,128/mo payment. Total monthly income totals $3,224/mo. ROI tracks 14.77% on current figures, and rental yield reads 6.05% at a $639,000 purchase. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 over five years. Five-year ROI reaches 75.68% and total cumulative return in cash sums $159,100. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,224/mo property income instead of your personal income.
Single Family
Built in 2025
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50151, Lucas, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 289 (79.0%) |
| Renter Occupied HU | 28 ( 7.7%) |
| Vacant Housing Units | 49 (13.4%) |
| Median Home Value | $238,636 |
| Average Home Value | $323,651 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
15
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