305 Peterson StEdgewoodIA52042
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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 Edgewood at 305 Peterson St, Edgewood, IA, 52042 priced at $519,000 converts $0/mo rent into after a $2,540/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.63% in year one, and rental yield reads 0% against a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation compiles into $143,390 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,540/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52042, Edgewood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 532 (71.1%) |
| Renter Occupied HU | 131 (17.5%) |
| Vacant Housing Units | 85 (11.4%) |
| Median Home Value | $204,464 |
| Average Home Value | $289,732 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices