311 Becker AveOssianIA52161
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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 Ossian at 311 Becker Ave, Ossian, IA, 52161 priced at $185,500 converts $1,619/mo rent into $414/mo cash flow after a $908/mo obligation. Total monthly income equals $1,619/mo, and annual cash flow totals $4,970/yr on $61,493 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 10.47% against a $185,500 entry. Equity gained on principal adds $1,197/yr, while 5% annual appreciation compiles into $51,250 by year five. Five-year ROI reaches 146.66% and total cumulative return in cash sums $90,183. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,619/mo property income covering a $908/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52161, Ossian, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 461 (76.2%) |
| Renter Occupied HU | 98 (16.2%) |
| Vacant Housing Units | 46 ( 7.6%) |
| Median Home Value | $224,202 |
| Average Home Value | $287,749 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
389
Multi-Family
16
Businesses
44
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