340 1st St SWPrimgharIA51245
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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 Primghar at 340 1st St SW, Primghar, IA, 51245 earns $985/mo cash flow from $1,907/mo rent with a $695/mo payment. Total monthly income totals $1,907/mo, and annual cash flow totals $11,818/yr on $47,073 capital. ROI tracks 45.01% on current figures, and rental yield reads 16.12% at a $142,000 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 over five years. Five-year ROI reaches 237.87% and total cumulative return in cash sums $111,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,907/mo property income instead of your personal income.
Single Family
Built in 1920
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51245, Primghar, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 447 (70.5%) |
| Renter Occupied HU | 116 (18.3%) |
| Vacant Housing Units | 71 (11.2%) |
| Median Home Value | $174,202 |
| Average Home Value | $215,738 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
72
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