310 1st AvePersiaIA51563
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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 Persia at 310 1st Ave, Persia, IA, 51563 priced at $165,000 pairs $1,463/mo rent with $391/mo cash flow after a $808/mo payment. Total monthly income equals $1,463/mo, and annual cash flow comes to $4,692/yr on $54,698 invested. Return on cash invested is 28.49% in year one, and rental yield stands at 10.64% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 149.23% and total cumulative return in cash reaches $81,623. For financing, Ziffy Mortgage’s DSCR program evaluates $1,463/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1885
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51563, Persia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 219 (76.0%) |
| Renter Occupied HU | 42 (14.6%) |
| Vacant Housing Units | 27 ( 9.4%) |
| Median Home Value | $235,256 |
| Average Home Value | $296,187 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
7
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