307 S Berwick StSchallerIA51053
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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 Schaller at 307 S Berwick St, Schaller, IA, 51053 uses $49,559 cash to close to unlock $2,470/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,177/mo, and a $732/mo payment keeps the spread at $206/mo. Purchase price stands at $149,500, and rental yield measures 9.45% with $1,177/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 129.99% and total cumulative return in cash records $64,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,177/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1927
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51053, Schaller, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 371 (74.3%) |
| Renter Occupied HU | 76 (15.2%) |
| Vacant Housing Units | 52 (10.4%) |
| Median Home Value | $118,403 |
| Average Home Value | $164,016 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
187
Multi-Family
0
Businesses
40
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