315 S Reynolds StLatimerIA50452
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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
Rental property for sale in Latimer at 315 S Reynolds St, Latimer, IA, 50452 priced at $139,900 pairs $0/mo rent with after a $685/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.61% in year one, and rental yield stands at 0% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,184 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50452, Latimer, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 342 (100%) |
| Owner Occupied HU | 242 (70.8%) |
| Renter Occupied HU | 48 (14.0%) |
| Vacant Housing Units | 52 (15.2%) |
| Median Home Value | $148,958 |
| Average Home Value | $167,490 |
Housing Distribution
Address Breakdown
Residential
148
Single Family
148
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices