303 N Main StWheatlandIA52777
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 Wheatland at 303 N Main St, Wheatland, IA, 52777 at $210,000 posts ROI 21.82% with $111/mo cash flow from $1,475/mo rent. Total monthly income equals $1,475/mo, and annual cash flow records $1,332/yr on $69,615 to close. Return on cash invested measures 21.82% and rental yield reads 8.43% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 113.5% and total cumulative return in cash totals $79,012.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,475/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52777, Wheatland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 395 (66.9%) |
| Renter Occupied HU | 136 (23.1%) |
| Vacant Housing Units | 59 ( 10.0%) |
| Median Home Value | $184,028 |
| Average Home Value | $232,886 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
334
Multi-Family
14
Businesses
44
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