311 5th StGriswoldIA51535
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 311 5th St, Griswold, IA, 51535 in Griswold fits: $125,000, 0% gross yield, and a projected 5% annual appreciation rate adding $34,535 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51535, Griswold, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 593 (68.5%) |
| Renter Occupied HU | 159 (18.4%) |
| Vacant Housing Units | 114 (13.2%) |
| Median Home Value | $145,170 |
| Average Home Value | $214,351 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51535, Griswold, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 593 (68.5%) |
| Renter Occupied HU | 159 (18.4%) |
| Vacant Housing Units | 114 (13.2%) |
| Median Home Value | $145,170 |
| Average Home Value | $214,351 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Norma Hemphill • Meyer & Gross Real Estate Co
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326985
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.