302 Buffalo StStrawberry PointIA52076
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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
Rental property for sale in Strawberry Point at 302 Buffalo St, Strawberry Point, IA, 52076 offers $845/mo rent that, after a $534/mo payment, leaves $137/mo cash flow. Total monthly income is $845/mo, and annual cash flow is $1,639/yr on $36,134 cash. Return on cash invested measures 24.45% in year one, and rental yield stands at 9.3% at a $109,000 entry. Equity gained on principal adds $703/yr while 5% annual appreciation compounds into $30,115 by year five. Five-year ROI records 127.65% and total cumulative return in cash reaches $46,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $845/mo property income versus a $534/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
4,884 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52076, Strawberry Point, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 965 (100%) |
| Owner Occupied HU | 659 (68.3%) |
| Renter Occupied HU | 207 (21.5%) |
| Vacant Housing Units | 99 (10.3%) |
| Median Home Value | $164,219 |
| Average Home Value | $210,015 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
635
Multi-Family
35
Businesses
73
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Listed by: Joe Sylvester • Ole's 5 Star Realty, LLC
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151589
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.