3350 320th StRuthvenIA51358
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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 Ruthven at 3350 320th St, Ruthven, IA, 51358 generates $2,936/mo in rent, after a $2,442/mo payment. Total monthly income is $2,936/mo. Return on cash invested sits at 17.7% in year one, and rental yield is 7.06% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 91.4% and total cumulative return in cash sums $151,194. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,936/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
0.64 Acres 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: Bridget Johnson • NextHome at the Lakes
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250235
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.