318 N Locust StKanawhaIA50447
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 Kanawha at 318 N Locust St, Kanawha, IA, 50447 earns from $905/mo rent with a $759/mo payment. Total monthly income totals $905/mo. ROI tracks 17.53% on current figures, and rental yield reads 7.01% at a $154,999 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,823 over five years. Five-year ROI reaches 90.46% and total cumulative return in cash sums $46,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $905/mo property income instead of your personal income.
Single Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50447, Kanawha, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 337 (65.8%) |
| Renter Occupied HU | 99 (19.3%) |
| Vacant Housing Units | 76 (14.8%) |
| Median Home Value | $84,674 |
| Average Home Value | $120,364 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Hauge • Home North Iowa
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250236
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.