300 East StAftonIA50830
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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 Afton at 300 East St, Afton, IA, 50830 generates $973/mo in rent, after a $807/mo payment. Total monthly income is $973/mo. Return on cash invested sits at 17.76% in year one, and rental yield is 7.08% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 91.81% and total cumulative return in cash sums $50,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $973/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50830, Afton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 503 (67.9%) |
| Renter Occupied HU | 159 (21.5%) |
| Vacant Housing Units | 79 (10.7%) |
| Median Home Value | $133,854 |
| Average Home Value | $215,303 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
44
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Listed by: Kiki Scarberry • Our Town Realty, LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327293
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.