305 E 5th StVintonIA52349
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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 Vinton at 305 E 5th St, Vinton, IA, 52349 offers a 6.62% rental yield on a $275,000 purchase with $1,517/mo rent. 37% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 84.24% and total cumulative return in cash at $76,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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Listed by: Connie Barnes • Barnes Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503010
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.