23551 274th StLa MotteIA52054
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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 La Motte at 23551 274th St, La Motte, IA, 52054 earns from $1,949/mo rent with a $5,873/mo payment. Total monthly income totals $1,949/mo. ROI tracks 2.33% on current figures, and rental yield reads 1.95% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 8.9% and total cumulative return in cash sums $34,595. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,949/mo property income instead of your personal income.
Single Family
Built in 2003
58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52054, La Motte, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 372 (100%) |
| Owner Occupied HU | 310 (83.3%) |
| Renter Occupied HU | 42 (11.3%) |
| Vacant Housing Units | 20 ( 5.4%) |
| Median Home Value | $283,929 |
| Average Home Value | $380,452 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
20
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Listed by: Charles Schwager • East Iowa Real Estate
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151869
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.