243 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
Rental property for sale in Alburnett at 243 N Main Ave, Alburnett, IA, 52202 priced at $299,950 pairs $1,919/mo rent with after a $1,468/mo payment. Total monthly income equals $1,919/mo. Return on cash invested is 19.56% in year one, and rental yield stands at 7.68% on a $299,950 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,871 by year five. Five-year ROI measures 101.42% and total cumulative return in cash reaches $100,844. For financing, Ziffy Mortgage’s DSCR program evaluates $1,919/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.44 Acres 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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Listed by: Rosekrans Stines Team • RE/MAX CONCEPTS
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503548
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.