311 E Iowa AveGeorgeIA51237
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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 George at 311 E Iowa Ave, George, IA, 51237 priced at $215,000 pairs $1,303/mo rent with after a $1,052/mo payment. Total monthly income equals $1,303/mo. Return on cash invested is 18.34% in year one, and rental yield stands at 7.27% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 94.84% and total cumulative return in cash reaches $67,597. For financing, Ziffy Mortgage’s DSCR program evaluates $1,303/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51237, George, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 557 (73.1%) |
| Renter Occupied HU | 121 (15.9%) |
| Vacant Housing Units | 84 (11.0%) |
| Median Home Value | $171,875 |
| Average Home Value | $275,579 |
Housing Distribution
Address Breakdown
Residential
392
Single Family
392
Multi-Family
0
Businesses
46
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