301 S Park StInwoodIA51240
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 Inwood at 301 S Park St, Inwood, IA, 51240 generates $1,255/mo in rent, after a $1,125/mo payment. Total monthly income is $1,255/mo. Return on cash invested sits at 16.16% in year one, and rental yield is 6.55% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 83.2% and total cumulative return in cash sums $63,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,255/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51240, Inwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 566 (79.2%) |
| Renter Occupied HU | 94 (13.1%) |
| Vacant Housing Units | 55 ( 7.7%) |
| Median Home Value | $244,000 |
| Average Home Value | $306,811 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
405
Multi-Family
10
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices