2606 2nd StEmmetsburgIA50536
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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 Emmetsburg at 2606 2nd St, Emmetsburg, IA, 50536 offers a 3.32% rental yield on a $325,000 purchase with $900/mo rent. 42% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 30.9% and total cumulative return in cash at $33,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50536, Emmetsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,274 (60.0%) |
| Renter Occupied HU | 524 (24.7%) |
| Vacant Housing Units | 325 (15.3%) |
| Median Home Value | $154,321 |
| Average Home Value | $220,795 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,700
Multi-Family
139
Businesses
213
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Listed by: Michael Wentzel • Farmers National Company
Mls Name: Iowa Great Lakes BOR
Mls ID: #250480