302 Orange StTaborIA51653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tabor at 302 Orange St, Tabor, IA, 51653 offers a 9.15% rental yield on a $189,100 purchase with $1,442/mo rent. Total monthly income registers $1,442/mo, and a $926/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,561/yr on $62,687 to close, and return on cash invested stands at 23.99% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,245 over five years. Portfolio math shows five-year ROI at 125.2% and total cumulative return in cash at $78,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,442/mo property income against a $926/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51653, Tabor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 404 (71.8%) |
| Renter Occupied HU | 110 (19.5%) |
| Vacant Housing Units | 49 ( 8.7%) |
| Median Home Value | $238,636 |
| Average Home Value | $270,885 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
258
Multi-Family
0
Businesses
50
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