322 W Lincoln StWalcottIA52773
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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 Walcott at 322 W Lincoln St, Walcott, IA, 52773 priced at $120,000 pairs $946/mo rent with $167/mo cash flow after a $587/mo payment. Total monthly income equals $946/mo, and annual cash flow comes to $2,004/yr on $39,780 invested. Return on cash invested is 24.95% in year one, and rental yield stands at 9.46% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 130.24% and total cumulative return in cash reaches $51,811. For financing, Ziffy Mortgage’s DSCR program evaluates $946/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52773, Walcott, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 761 (75.6%) |
| Renter Occupied HU | 181 (18.0%) |
| Vacant Housing Units | 65 ( 6.5%) |
| Median Home Value | $222,739 |
| Average Home Value | $252,349 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
614
Multi-Family
33
Businesses
66
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