309 N Maple StInwoodIA51240
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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 Inwood at 309 N Maple St, Inwood, IA, 51240 priced at $329,000 converts $1,633/mo rent into after a $1,610/mo obligation. Total monthly income equals $1,633/mo. Return on cash invested prints 14.37% in year one, and rental yield reads 5.96% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 73.55% and total cumulative return in cash sums $80,217. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,633/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51240, Inwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 566 (79.2%) |
| Renter Occupied HU | 94 (13.1%) |
| Vacant Housing Units | 55 ( 7.7%) |
| Median Home Value | $244,000 |
| Average Home Value | $306,811 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
405
Multi-Family
10
Businesses
56
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