308 U AveGrantIA50847
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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 Grant at 308 U Ave, Grant, IA, 50847 offers a 10.32% rental yield on a $139,999 purchase with $1,204/mo rent. Total monthly income registers $1,204/mo, and a $685/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,540/yr on $46,410 to close, and return on cash invested stands at 27.54% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 144.15% and total cumulative return in cash at $66,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,204/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50847, Grant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37 (100%) |
| Owner Occupied HU | 31 (83.8%) |
| Renter Occupied HU | 5 (13.5%) |
| Vacant Housing Units | 1 ( 2.7%) |
| Median Home Value | $228,125 |
| Average Home Value | $234,274 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
4
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