27B S Main StDenisonIA51442
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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 Denison at 27B S Main St, Denison, IA, 51442 priced at $132,000 converts $0/mo rent into after a $646/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.6% in year one, and rental yield reads 0% against a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation compiles into $36,469 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $646/mo payment, not borrower’s personal income.
Apartment
Built in 1930
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51442, Denison, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,242 (60.8%) |
| Renter Occupied HU | 1,138 (30.9%) |
| Vacant Housing Units | 307 ( 8.3%) |
| Median Home Value | $157,797 |
| Average Home Value | $175,583 |
Housing Distribution
Address Breakdown
Residential
3,423
Single Family
3,114
Multi-Family
309
Businesses
382
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices