254 Mallard LaneGarnavilloIA52049
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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 Garnavillo at 254 Mallard Lane, Garnavillo, IA, 52049 offers a 9.92% rental yield on a $120,000 purchase with $992/mo rent. Total monthly income registers $992/mo, and a $587/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,556/yr on $39,780 to close, and return on cash invested stands at 26.33% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 137.7% and total cumulative return in cash at $54,775. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $992/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52049, Garnavillo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 436 (59.2%) |
| Renter Occupied HU | 132 (17.9%) |
| Vacant Housing Units | 169 (22.9%) |
| Median Home Value | $161,161 |
| Average Home Value | $231,835 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
52
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Listed by: Jenny Coleman • RE/MAX Gold
Mls Name: WIREX MLS
Mls ID: #2012923