308 N Elm StZearingIA50278
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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 Zearing at 308 N Elm St, Zearing, IA, 50278 offers a 0% rental yield on a $169,900 purchase with $0/mo rent. 61% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50278, Zearing, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 353 (100%) |
| Owner Occupied HU | 261 (73.9%) |
| Renter Occupied HU | 64 (18.1%) |
| Vacant Housing Units | 28 ( 7.9%) |
| Median Home Value | $216,964 |
| Average Home Value | $245,201 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
182
Multi-Family
0
Businesses
29
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