325 Salem StWhitingIA51063
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 Whiting at 325 Salem St, Whiting, IA, 51063 at $145,000 posts ROI 28.4% with $340/mo cash flow from $1,282/mo rent. Total monthly income equals $1,282/mo, and annual cash flow records $4,080/yr on $48,068 to close. Return on cash invested measures 28.4% and rental yield reads 10.61% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 148.73% and total cumulative return in cash totals $71,492.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,282/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51063, Whiting, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 338 (68.8%) |
| Renter Occupied HU | 111 (22.6%) |
| Vacant Housing Units | 42 ( 8.6%) |
| Median Home Value | $127,000 |
| Average Home Value | $170,074 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
302
Multi-Family
16
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brent Mccall • McCall Auctions & Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827836
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.