244 Terrace DrOskaloosaIA52577
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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 Oskaloosa at 244 Terrace Dr, Oskaloosa, IA, 52577 generates $2,309/mo in rent, after a $1,835/mo payment. Total monthly income is $2,309/mo. Return on cash invested sits at 18.69% in year one, and rental yield is 7.39% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 96.71% and total cumulative return in cash sums $120,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,309/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52577, Oskaloosa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,563 (100%) |
| Owner Occupied HU | 3,957 (60.3%) |
| Renter Occupied HU | 1,930 (29.4%) |
| Vacant Housing Units | 676 (10.3%) |
| Median Home Value | $168,132 |
| Average Home Value | $208,122 |
Housing Distribution
Address Breakdown
Residential
6,231
Single Family
5,791
Multi-Family
440
Businesses
581
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