311 W Walnut StManlyIA50456
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Manly at 311 W Walnut St, Manly, IA, 50456 priced at $133,500 pairs $1,831/mo rent with $964/mo cash flow after a $653/mo payment. Total monthly income equals $1,831/mo, and annual cash flow comes to $11,573/yr on $44,255 invested. Return on cash invested is 46.06% in year one, and rental yield stands at 16.46% on a $133,500 basis. Equity gained on principal adds $861/yr, and 5% annual appreciation accumulates to $36,884 by year five. Five-year ROI measures 243.52% and total cumulative return in cash reaches $107,770. For financing, Ziffy Mortgage’s DSCR program evaluates $1,831/mo property income against a $653/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50456, Manly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 774 (100%) |
| Owner Occupied HU | 517 (66.8%) |
| Renter Occupied HU | 149 (19.3%) |
| Vacant Housing Units | 108 (14.0%) |
| Median Home Value | $151,716 |
| Average Home Value | $219,526 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
27
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Listed by: CASSIDY HARRIS • Century 21 Preferred
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250404
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