2995 267th StDe WittIA52742
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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 De Witt at 2995 267th St, De Witt, IA, 52742 generates $3,586/mo in rent and, after a $1,774/mo payment, leaves $1,199/mo in cash flow. Total monthly income is $3,586/mo, and annual cash flow is $14,388/yr on $120,169 invested. Return on cash invested sits at 31.88% in year one, and rental yield is 11.87% on a $362,500 entry. Equity gained on principal adds $2,339/yr, while 5% annual appreciation builds toward $100,152 over five years. Five-year ROI reaches 167.56% and total cumulative return in cash sums $201,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,586/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
1.10 Acres lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52742, De Witt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,409 (72.3%) |
| Renter Occupied HU | 728 (21.9%) |
| Vacant Housing Units | 193 ( 5.8%) |
| Median Home Value | $273,680 |
| Average Home Value | $299,149 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
3,080
Multi-Family
128
Businesses
291
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