304 South StUrbanaIA52345
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 Urbana at 304 South St, Urbana, IA, 52345 uses $62,587 cash to close to unlock $9,757/yr annual cash flow and $813/mo monthly cash flow. Total monthly income runs $2,090/mo, and a $924/mo payment keeps the spread at $813/mo. Purchase price stands at $188,800, and rental yield measures 13.28% with $2,090/mo rent. Return on cash invested shows 35.5% in year one, and 5% annual appreciation builds toward $52,162 over five years. Five-year ROI reaches 187.26% and total cumulative return in cash records $117,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,090/mo property income covering a $924/mo payment rather than investor’s personal income.
Single Family
Built in 1915
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52345, Urbana, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 578 (100%) |
| Owner Occupied HU | 497 (86.0%) |
| Renter Occupied HU | 56 ( 9.7%) |
| Vacant Housing Units | 25 ( 4.3%) |
| Median Home Value | $238,915 |
| Average Home Value | $301,826 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
472
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices