308 Ely StWalkerIA52352
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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
Rental property for sale in Walker at 308 Ely St, Walker, IA, 52352 priced at $125,000 converts $1,151/mo rent into $339/mo cash flow after a $612/mo obligation. Total monthly income equals $1,151/mo, and annual cash flow totals $4,068/yr on $41,438 invested. Return on cash invested prints 29.73% in year one, and rental yield reads 11.05% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 155.87% and total cumulative return in cash sums $64,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,151/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1918
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52352, Walker, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 628 (79.8%) |
| Renter Occupied HU | 83 (10.5%) |
| Vacant Housing Units | 76 ( 9.7%) |
| Median Home Value | $332,743 |
| Average Home Value | $369,049 |
Housing Distribution
Address Breakdown
Residential
601
Single Family
601
Multi-Family
0
Businesses
28
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