302 E Harrison StEdgewoodIA52042
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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 Edgewood at 302 E Harrison St, Edgewood, IA, 52042 earns $171/mo cash flow from $1,398/mo rent with a $925/mo payment. Total monthly income totals $1,398/mo, and annual cash flow totals $2,047/yr on $62,654 capital. ROI tracks 23.18% on current figures, and rental yield reads 8.88% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 120.8% and total cumulative return in cash sums $75,682. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,398/mo property income instead of your personal income.
Single Family
Built in 1969
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52042, Edgewood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 532 (71.1%) |
| Renter Occupied HU | 131 (17.5%) |
| Vacant Housing Units | 85 (11.4%) |
| Median Home Value | $204,464 |
| Average Home Value | $289,732 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
67
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