302 E 9th StVintonIA52349
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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 Vinton at 302 E 9th St, Vinton, IA, 52349 generates $873/mo in rent and, after a $551/mo payment, leaves $142/mo in cash flow. Total monthly income is $873/mo, and annual cash flow is $1,704/yr on $37,294 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 9.31% on a $112,500 entry. Equity gained on principal adds $726/yr, while 5% annual appreciation builds toward $31,082 over five years. Five-year ROI reaches 127.75% and total cumulative return in cash sums $47,644. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $873/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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