306 W Union 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
Investment property for sale in Edgewood at 306 W Union St, Edgewood, IA, 52042 at $101,000 posts ROI 23.84% with $110/mo cash flow from $800/mo rent. Total monthly income equals $800/mo, and annual cash flow records $1,316/yr on $33,482 to close. Return on cash invested measures 23.84% and rental yield reads 9.5% at the current $101,000. Equity gained on principal adds $652/yr, and 5% annual appreciation supports $27,904 by year five. Five-year ROI prints 124.81% and total cumulative return in cash totals $41,790.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
9,583 sqft 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
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Listed by: Brian Jasper • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151504
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.