2416 Parkview PlPerryIA50220
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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
Rental property for sale in Perry at 2416 Parkview Pl, Perry, IA, 50220 priced at $223,000 pairs $1,572/mo rent with after a $1,091/mo payment. Total monthly income equals $1,572/mo. Return on cash invested is 18.77% in year one, and rental yield stands at 8.46% on a $223,000 basis. Equity gained on principal adds $1,439/yr, and 5% annual appreciation accumulates to $61,611 by year five. Five-year ROI measures 98.28% and total cumulative return in cash reaches $72,653. For financing, Ziffy Mortgage’s DSCR program evaluates $1,572/mo property income against a $1,091/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1994
7,405 sqft lot
$N/A/sqft
$1,790 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50220, Perry, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,230 (57.3%) |
| Renter Occupied HU | 1,341 (34.4%) |
| Vacant Housing Units | 324 ( 8.3%) |
| Median Home Value | $156,877 |
| Average Home Value | $239,574 |
Housing Distribution
Address Breakdown
Residential
3,589
Single Family
3,276
Multi-Family
313
Businesses
295
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Listed by: Ashley Platt • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #715284
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.