301 Otley StLeightonIA50143
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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
Investment property for sale in Leighton at 301 Otley St, Leighton, IA, 50143 at $359,000 posts ROI 13.4% with from $1,686/mo rent. Total monthly income equals $1,686/mo. Return on cash invested measures 13.4% and rental yield reads 5.64% at the current $359,000. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 by year five. Five-year ROI prints 68.35% and total cumulative return in cash totals $81,343. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,686/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50143, Leighton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 249 (100%) |
| Owner Occupied HU | 184 (73.9%) |
| Renter Occupied HU | 49 (19.7%) |
| Vacant Housing Units | 16 ( 6.4%) |
| Median Home Value | $262,791 |
| Average Home Value | $293,872 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
16
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Listed by: Sarah S Buchheit • Pella Real Estate Services, LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326672
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.