302 2nd Ave WWeldonIA50264
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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 Weldon at 302 2nd Ave W, Weldon, IA, 50264 earns from $0/mo rent with a $847/mo payment. Total monthly income totals $0/mo. ROI tracks -3.61% on current figures, and rental yield reads 0% at a $173,000 purchase. Equity gained on principal adds $1,116/yr, and 5% annual appreciation supports $47,797 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50264, Weldon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 163 (78.7%) |
| Renter Occupied HU | 27 (13.0%) |
| Vacant Housing Units | 17 ( 8.2%) |
| Median Home Value | $210,135 |
| Average Home Value | $302,975 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
11
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