308 7ths St SMapletonIA51034
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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 308 7ths St S, Mapleton, IA, 51034 offers a 11.86% rental yield on a $213,900 purchase with $2,114/mo rent. Total monthly income registers $2,114/mo, and a $1,047/mo payment leaves $725/mo available for distribution. Annual cash flow reaches $8,697/yr on $70,908 to close, and return on cash invested stands at 32.17% in year one. Equity gained on principal adds $1,380/yr while 5% annual appreciation supports $59,097 over five years. Portfolio math shows five-year ROI at 169.04% and total cumulative return in cash at $119,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,114/mo property income against a $1,047/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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No similar rental properties found nearby.
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