31st AveVintonIA52349
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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 Vinton at 31st Ave, Vinton, IA, 52349 priced at $774,000 pairs $2,033/mo rent with after a $3,788/mo payment. Total monthly income equals $2,033/mo. Return on cash invested is 5.95% in year one, and rental yield stands at 3.15% on a $774,000 basis. Equity gained on principal adds $4,995/yr, and 5% annual appreciation accumulates to $213,842 by year five. Five-year ROI measures 28.38% and total cumulative return in cash reaches $72,269. For financing, Ziffy Mortgage’s DSCR program evaluates $2,033/mo property income against a $3,788/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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