306 E Lake StVenturaIA50482
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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 Ventura at 306 E Lake St, Ventura, IA, 50482 listed at $1,300,000 pairs $4,604/mo rent with a $6,363/mo payment. Total monthly income runs $4,604/mo. Return on cash invested measures 9.43% in year one, and rental yield registers 4.25% at a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,166 by year five. Five-year ROI tracks 46.97% and total cumulative return in cash totals $197,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,604/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
10,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50482, Ventura, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 316 (64.4%) |
| Renter Occupied HU | 44 ( 9.0%) |
| Vacant Housing Units | 131 (26.7%) |
| Median Home Value | $456,897 |
| Average Home Value | $513,109 |
Housing Distribution
Address Breakdown
Residential
266
Single Family
266
Multi-Family
0
Businesses
18
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Listed by: Kristi Wilcke • Hall Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325513
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.