236 N Main AveAlburnettIA52202
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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 Alburnett at 236 N Main Ave, Alburnett, IA, 52202 offers a 10.81% rental yield on a $185,000 purchase with $1,667/mo rent. Total monthly income registers $1,667/mo, and a $905/mo payment leaves $466/mo available for distribution. Annual cash flow reaches $5,592/yr on $61,328 to close, and return on cash invested stands at 29.03% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 152.12% and total cumulative return in cash at $93,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,667/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52202, Alburnett, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 479 (100%) |
| Owner Occupied HU | 398 (83.1%) |
| Renter Occupied HU | 50 (10.4%) |
| Vacant Housing Units | 31 ( 6.5%) |
| Median Home Value | $300,787 |
| Average Home Value | $323,317 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
296
Multi-Family
4
Businesses
31
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