315 6th AveDe WittIA52742
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
Investment property for sale in De Witt at 315 6th Ave, De Witt, IA, 52742 at $174,500 posts ROI 23.85% with $190/mo cash flow from $1,323/mo rent. Total monthly income equals $1,323/mo, and annual cash flow records $2,278/yr on $57,847 to close. Return on cash invested measures 23.85% and rental yield reads 9.1% at the current $174,500. Equity gained on principal adds $1,126/yr, and 5% annual appreciation supports $48,211 by year five. Five-year ROI prints 124.35% and total cumulative return in cash totals $71,934.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,323/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52742, De Witt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,409 (72.3%) |
| Renter Occupied HU | 728 (21.9%) |
| Vacant Housing Units | 193 ( 5.8%) |
| Median Home Value | $273,680 |
| Average Home Value | $299,149 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
3,080
Multi-Family
128
Businesses
291
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Nearby investment properties with comparable prices
Listed by: Mike McManus • Ruhl&Ruhl REALTORS DeWitt
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261990
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.