304 W Main StManlyIA50456
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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
Investment property for sale in Manly at 304 W Main St, Manly, IA, 50456 earns $176/mo cash flow from $1,072/mo rent with a $675/mo payment. Total monthly income totals $1,072/mo, and annual cash flow totals $2,114/yr on $45,747 capital. ROI tracks 24.53% on current figures, and rental yield reads 9.32% at a $138,000 purchase. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 over five years. Five-year ROI reaches 128.13% and total cumulative return in cash sums $58,614. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,072/mo property income instead of your personal income.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50456, Manly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 774 (100%) |
| Owner Occupied HU | 517 (66.8%) |
| Renter Occupied HU | 149 (19.3%) |
| Vacant Housing Units | 108 (14.0%) |
| Median Home Value | $151,716 |
| Average Home Value | $219,526 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
27
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Listed by: Marisa Koppen • Realty ONE Group Black Diamond
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6322907
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.