301 S 4th StFarmingtonIA52626
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play301 S 4th St, Farmington, IA, 52626 in Farmington is priced for appreciation, not yield. Rental yield 0%. At $199,900 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $55,229 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 9.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Farmington market data in our database. Property projections are estimates.
Multi Family
Built in 1983
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52626, Farmington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 393 (71.1%) |
| Renter Occupied HU | 86 (15.6%) |
| Vacant Housing Units | 74 (13.4%) |
| Median Home Value | $149,342 |
| Average Home Value | $184,707 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
418
Multi-Family
22
Businesses
35
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 1983
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52626, Farmington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 393 (71.1%) |
| Renter Occupied HU | 86 (15.6%) |
| Vacant Housing Units | 74 (13.4%) |
| Median Home Value | $149,342 |
| Average Home Value | $184,707 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
418
Multi-Family
22
Businesses
35
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Laura Story • Fraise Auction Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326817
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