301 S 5th StManchesterIA52057
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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 Manchester at 301 S 5th St, Manchester, IA, 52057 earns $140/mo cash flow from $874/mo rent with a $553/mo payment. Total monthly income totals $874/mo, and annual cash flow totals $1,682/yr on $37,460 capital. ROI tracks 24.4% on current figures, and rental yield reads 9.28% at a $113,000 purchase. Equity gained on principal adds $729/yr, and 5% annual appreciation supports $31,220 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash sums $47,741. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $874/mo property income instead of your personal income.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52057, Manchester, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,586 (69.9%) |
| Renter Occupied HU | 837 (22.6%) |
| Vacant Housing Units | 274 ( 7.4%) |
| Median Home Value | $175,820 |
| Average Home Value | $261,470 |
Housing Distribution
Address Breakdown
Residential
3,632
Single Family
3,379
Multi-Family
253
Businesses
345
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Listed by: Justin Hegtvedt • Cedar Valley Property Solutions-Charles City
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254935