3291 335th AveRuthvenIA51358
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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
Investment property for sale in Ruthven at 3291 335th Ave, Ruthven, IA, 51358 uses $66,134 cash to close to unlock $4,966/yr annual cash flow and $414/mo monthly cash flow. Total monthly income runs $1,709/mo, and a $976/mo payment keeps the spread at $414/mo. Purchase price stands at $199,500, and rental yield measures 10.28% with $1,709/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 143.52% and total cumulative return in cash records $94,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,709/mo property income covering a $976/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51358, Ruthven, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 452 (56.3%) |
| Renter Occupied HU | 104 (13.0%) |
| Vacant Housing Units | 247 (30.8%) |
| Median Home Value | $153,704 |
| Average Home Value | $207,190 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
332
Multi-Family
10
Businesses
39
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Listed by: Nick Bjornstad • Stauss Realty
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250427
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.