319 S 3rd StOsageIA50461
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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 Osage at 319 S 3rd St, Osage, IA, 50461 generates $1,052/mo in rent and, after a $683/mo payment, leaves $146/mo in cash flow. Total monthly income is $1,052/mo, and annual cash flow is $1,750/yr on $46,244 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 9.05% on a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 123.54% and total cumulative return in cash sums $57,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,052/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50461, Osage, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,736 (100%) |
| Owner Occupied HU | 1,872 (68.4%) |
| Renter Occupied HU | 573 (20.9%) |
| Vacant Housing Units | 291 (10.6%) |
| Median Home Value | $193,555 |
| Average Home Value | $251,899 |
Housing Distribution
Address Breakdown
Residential
2,500
Single Family
2,437
Multi-Family
63
Businesses
244
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