3335 228th StSaint CharlesIA50240
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3335 228th St, Saint Charles, IA, 50240 in Saint Charles. Rental yield 0%. At $849,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $234,812 in new equity by year five, complemented by $7,828/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Saint Charles market data in our database. Property projections are estimates.
Single Family
Built in 1992
71.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50240, Saint Charles, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 771 (83.7%) |
| Renter Occupied HU | 100 (10.9%) |
| Vacant Housing Units | 50 ( 5.4%) |
| Median Home Value | $294,792 |
| Average Home Value | $384,351 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
912
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1992
71.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50240, Saint Charles, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 771 (83.7%) |
| Renter Occupied HU | 100 (10.9%) |
| Vacant Housing Units | 50 ( 5.4%) |
| Median Home Value | $294,792 |
| Average Home Value | $384,351 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
912
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Helen Turner • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #722527
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