330 S Mill StWadenaIA52169
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
Rental property for sale in Wadena at 330 S Mill St, Wadena, IA, 52169 offers $1,926/mo rent that, after a $2,149/mo payment. Total monthly income is $1,926/mo. Return on cash invested measures 12.28% in year one, and rental yield stands at 5.26% at a $439,000 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,288 by year five. Five-year ROI records 62.32% and total cumulative return in cash reaches $90,692. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,926/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52169, Wadena, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 144 (73.8%) |
| Renter Occupied HU | 34 (17.4%) |
| Vacant Housing Units | 17 ( 8.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $209,757 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices