2470 270th StFredericksburgIA50630
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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 Fredericksburg at 2470 270th St, Fredericksburg, IA, 50630 generates $2,020/mo in rent, after a $1,908/mo payment. Total monthly income is $2,020/mo. Return on cash invested sits at 15.16% in year one, and rental yield is 6.22% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 77.79% and total cumulative return in cash sums $100,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1907
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50630, Fredericksburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 565 (73.4%) |
| Renter Occupied HU | 138 (17.9%) |
| Vacant Housing Units | 67 ( 8.7%) |
| Median Home Value | $218,646 |
| Average Home Value | $220,447 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
516
Multi-Family
11
Businesses
44
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Listed by: Amy Wienands • AWRE, EXP Realty, LLC
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255022