306 Chestnut StAnitaIA50020
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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 Anita at 306 Chestnut St, Anita, IA, 50020 at $115,000 posts ROI 24.95% with $160/mo cash flow from $907/mo rent. Total monthly income equals $907/mo, and annual cash flow records $1,920/yr on $38,123 to close. Return on cash invested measures 24.95% and rental yield reads 9.46% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 130.28% and total cumulative return in cash totals $49,665.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $907/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50020, Anita, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 642 (100%) |
| Owner Occupied HU | 463 (72.1%) |
| Renter Occupied HU | 120 (18.7%) |
| Vacant Housing Units | 59 ( 9.2%) |
| Median Home Value | $153,646 |
| Average Home Value | $199,131 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
502
Multi-Family
6
Businesses
41
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Listed by: Norma Hemphill • Meyer & Gross Real Estate Co
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6318445
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.