304 6th StVictorIA52347
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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 Victor at 304 6th St, Victor, IA, 52347 priced at $105,000 converts $840/mo rent into $158/mo cash flow after a $514/mo obligation. Total monthly income equals $840/mo, and annual cash flow totals $1,896/yr on $34,808 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 9.6% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 132.42% and total cumulative return in cash sums $46,094. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52347, Victor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 452 (73.4%) |
| Renter Occupied HU | 115 (18.7%) |
| Vacant Housing Units | 49 ( 8.0%) |
| Median Home Value | $146,324 |
| Average Home Value | $241,444 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
340
Multi-Family
15
Businesses
61
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Listed by: Marie Hedlund • Patriot Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6322397
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.