338 E South StLisbonIA52253
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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 Lisbon at 338 E South St, Lisbon, IA, 52253 priced at $245,000 pairs $1,805/mo rent with $214/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,805/mo, and annual cash flow comes to $2,568/yr on $81,218 invested. Return on cash invested is 23.07% in year one, and rental yield stands at 8.84% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 120.18% and total cumulative return in cash reaches $97,608. For financing, Ziffy Mortgage’s DSCR program evaluates $1,805/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52253, Lisbon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,055 (79.1%) |
| Renter Occupied HU | 221 (16.6%) |
| Vacant Housing Units | 57 ( 4.3%) |
| Median Home Value | $256,926 |
| Average Home Value | $307,066 |
Housing Distribution
Address Breakdown
Residential
1,159
Single Family
1,159
Multi-Family
0
Businesses
77
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Listed by: Dennis Hampton • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503196
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.