2818 Old White WayAinsworthIA52201
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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 Ainsworth at 2818 Old White Way, Ainsworth, IA, 52201 generates $2,918/mo in rent and, after a $1,884/mo payment, leaves $418/mo in cash flow. Total monthly income is $2,918/mo, and annual cash flow is $5,016/yr on $127,628 invested. Return on cash invested sits at 23.84% in year one, and rental yield is 9.1% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 124.3% and total cumulative return in cash sums $158,638. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,918/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52201, Ainsworth, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 504 (100%) |
| Owner Occupied HU | 358 (71.0%) |
| Renter Occupied HU | 104 (20.6%) |
| Vacant Housing Units | 42 ( 8.3%) |
| Median Home Value | $279,661 |
| Average Home Value | $301,592 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
431
Multi-Family
15
Businesses
19
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