307 Walnut StMapletonIA51034
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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 Mapleton at 307 Walnut St, Mapleton, IA, 51034 uses $53,007 cash to close to unlock $5,606/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $783/mo payment keeps the spread at $467/mo. Purchase price stands at $159,900, and rental yield measures 11.3% with $1,506/mo rent. Return on cash invested shows 30.48% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 160.04% and total cumulative return in cash records $84,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 2011
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51034, Mapleton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 571 (69.5%) |
| Renter Occupied HU | 153 (18.6%) |
| Vacant Housing Units | 98 (11.9%) |
| Median Home Value | $132,721 |
| Average Home Value | $185,473 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
728
Multi-Family
11
Businesses
76
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Listed by: Aaron Bircher • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828584
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.