302 S West StCalmarIA52132
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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 Calmar at 302 S West St, Calmar, IA, 52132 generates $1,808/mo in rent and, after a $925/mo payment, leaves $581/mo in cash flow. Total monthly income is $1,808/mo, and annual cash flow is $6,967/yr on $62,654 invested. Return on cash invested sits at 31.03% in year one, and rental yield is 11.48% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 162.91% and total cumulative return in cash sums $102,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,808/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52132, Calmar, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 942 (100%) |
| Owner Occupied HU | 626 (66.5%) |
| Renter Occupied HU | 220 (23.4%) |
| Vacant Housing Units | 96 (10.2%) |
| Median Home Value | $237,222 |
| Average Home Value | $278,247 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
413
Multi-Family
22
Businesses
35
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