2345 280th StCoinIA51636
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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 Coin at 2345 280th St, Coin, IA, 51636 earns $149/mo cash flow from $2,584/mo rent with a $1,835/mo payment. Total monthly income totals $2,584/mo, and annual cash flow totals $1,788/yr on $124,313 capital. ROI tracks 21.35% on current figures, and rental yield reads 8.27% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 110.94% and total cumulative return in cash sums $137,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,584/mo property income instead of your personal income.
Single Family
Built in 1900
3.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51636, Coin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 197 (100%) |
| Owner Occupied HU | 139 (70.6%) |
| Renter Occupied HU | 26 (13.2%) |
| Vacant Housing Units | 32 (16.2%) |
| Median Home Value | $134,028 |
| Average Home Value | $180,504 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
10
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Listed by: Shawn Munsinger • Orton Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321660
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.