31162 Y AveUnionIA50258
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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
Investment property for sale in Union at 31162 Y Ave, Union, IA, 50258 earns from $421/mo rent with a $1,394/mo payment. Total monthly income totals $421/mo. ROI tracks 1.75% on current figures, and rental yield reads 1.77% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 5.93% and total cumulative return in cash sums $5,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $421/mo property income instead of your personal income.
Single Family
Built in 1852
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50258, Union, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 373 (100%) |
| Owner Occupied HU | 270 (72.4%) |
| Renter Occupied HU | 51 (13.7%) |
| Vacant Housing Units | 52 (13.9%) |
| Median Home Value | $158,333 |
| Average Home Value | $224,898 |
Housing Distribution
Address Breakdown
Residential
211
Single Family
211
Multi-Family
0
Businesses
27
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Listed by: Gabrielle Mitchell • Oakridge Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6324246
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.