311 SW 2nd PlPanoraIA50216
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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
Total monthly income runs $1,693/mo, and a $1,468/mo payment. Purchase price stands at $299,999, and rental yield measures 6.77% with $1,693/mo rent. Return on cash invested shows 16.83% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 86.73% and total cumulative return in cash records $86,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,693/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50216, Panora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 967 (51.8%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 657 (35.2%) |
| Median Home Value | $190,264 |
| Average Home Value | $262,606 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,159
Multi-Family
50
Businesses
123
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