31438 270th AveDavis CityIA50065
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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 Davis City at 31438 270th Ave, Davis City, IA, 50065 offers a 0% rental yield on a $299,900 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50065, Davis City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 285 (100%) |
| Owner Occupied HU | 170 (59.6%) |
| Renter Occupied HU | 47 (16.5%) |
| Vacant Housing Units | 68 (23.9%) |
| Median Home Value | $155,000 |
| Average Home Value | $229,471 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
5
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Listed by: Leigh Ann Coffey • Coffey Realty, LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6319543
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.