23502 465th StCentervilleIA52544
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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 Centerville at 23502 465th St, Centerville, IA, 52544 listed at $849,900 pairs $1,619/mo rent with a $4,160/mo payment. Total monthly income runs $1,619/mo. Return on cash invested measures 3.32% in year one, and rental yield registers 2.29% at a $849,900 basis. Equity gained on principal adds $5,484/yr, and annual property appreciation at 5% supports $234,812 by year five. Five-year ROI tracks 14.26% and total cumulative return in cash totals $39,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,619/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
13.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52544, Centerville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,695 (100%) |
| Owner Occupied HU | 2,047 (55.4%) |
| Renter Occupied HU | 1,129 (30.6%) |
| Vacant Housing Units | 519 (14.0%) |
| Median Home Value | $145,486 |
| Average Home Value | $181,729 |
Housing Distribution
Address Breakdown
Residential
3,407
Single Family
3,084
Multi-Family
323
Businesses
384
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Listed by: Will Cooper • Midwest Land Group LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334146