301 2nd St NEDaytonIA50530
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dayton at 301 2nd St NE, Dayton, IA, 50530 offers $1,472/mo rent that, after a $783/mo payment, leaves $433/mo cash flow. Total monthly income is $1,472/mo, and annual cash flow is $5,198/yr on $53,007 cash. Return on cash invested measures 29.72% in year one, and rental yield stands at 11.05% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 155.92% and total cumulative return in cash reaches $82,650. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,472/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50530, Dayton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 373 (70.8%) |
| Renter Occupied HU | 94 (17.8%) |
| Vacant Housing Units | 60 (11.4%) |
| Median Home Value | $219,186 |
| Average Home Value | $249,471 |
Housing Distribution
Address Breakdown
Residential
233
Single Family
233
Multi-Family
0
Businesses
35
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