2509 Ironwood AveCoinIA51636
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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 Coin at 2509 Ironwood Ave, Coin, IA, 51636 earns from $1,309/mo rent with a $1,028/mo payment. Total monthly income totals $1,309/mo. ROI tracks 18.96% on current figures, and rental yield reads 7.48% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 98.14% and total cumulative return in cash sums $68,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,309/mo property income instead of your personal income.
Single Family
Built in 1948
7.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51636, Coin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 197 (100%) |
| Owner Occupied HU | 139 (70.6%) |
| Renter Occupied HU | 26 (13.2%) |
| Vacant Housing Units | 32 (16.2%) |
| Median Home Value | $134,028 |
| Average Home Value | $180,504 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
10
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