280th StReddingIA50860
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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 Redding at 280th St, Redding, IA, 50860 generates $0/mo in rent, after a $4,631/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.63% in year one, and rental yield is 0% on a $946,120 entry. Equity gained on principal adds $6,105/yr, while 5% annual appreciation builds toward $261,396 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
152.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50860, Redding, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 143 (100%) |
| Owner Occupied HU | 85 (59.4%) |
| Renter Occupied HU | 26 (18.2%) |
| Vacant Housing Units | 32 (22.4%) |
| Median Home Value | $220,536 |
| Average Home Value | $231,676 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
4
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No similar rental properties found nearby.
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