311 Chestnut StAnitaIA50020
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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 Anita at 311 Chestnut St, Anita, IA, 50020 priced at $284,000 pairs $1,596/mo rent with after a $1,390/mo payment. Total monthly income equals $1,596/mo. Return on cash invested is 16.74% in year one, and rental yield stands at 6.74% on a $284,000 basis. Equity gained on principal adds $1,833/yr, and 5% annual appreciation accumulates to $78,464 by year five. Five-year ROI measures 86.28% and total cumulative return in cash reaches $81,233. For financing, Ziffy Mortgage’s DSCR program evaluates $1,596/mo property income against a $1,390/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50020, Anita, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 642 (100%) |
| Owner Occupied HU | 463 (72.1%) |
| Renter Occupied HU | 120 (18.7%) |
| Vacant Housing Units | 59 ( 9.2%) |
| Median Home Value | $153,646 |
| Average Home Value | $199,131 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
502
Multi-Family
6
Businesses
41
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