301 W Washington StExiraIA50076
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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 Exira at 301 W Washington St, Exira, IA, 50076 uses $44,753 cash to close to unlock $1,932/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,038/mo, and a $661/mo payment keeps the spread at $161/mo. Purchase price stands at $135,000, and rental yield measures 9.23% with $1,038/mo rent. Return on cash invested shows 24.23% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 126.38% and total cumulative return in cash records $56,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,038/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50076, Exira, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 502 (72.3%) |
| Renter Occupied HU | 118 (17.0%) |
| Vacant Housing Units | 74 (10.7%) |
| Median Home Value | $113,608 |
| Average Home Value | $191,763 |
Housing Distribution
Address Breakdown
Residential
514
Single Family
514
Multi-Family
0
Businesses
49
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