309 Polk StPisgahIA51564
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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 Pisgah at 309 Polk St, Pisgah, IA, 51564 uses $43,095 cash to close to unlock $4,392/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $1,210/mo, and a $636/mo payment keeps the spread at $366/mo. Purchase price stands at $130,000, and rental yield measures 11.17% with $1,210/mo rent. Return on cash invested shows 30.1% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 157.89% and total cumulative return in cash records $68,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,210/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51564, Pisgah, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 265 (100%) |
| Owner Occupied HU | 180 (67.9%) |
| Renter Occupied HU | 46 (17.4%) |
| Vacant Housing Units | 39 (14.7%) |
| Median Home Value | $116,964 |
| Average Home Value | $171,083 |
Housing Distribution
Address Breakdown
Residential
190
Single Family
190
Multi-Family
0
Businesses
14
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