400 E Minnesota AveGeorgeIA51237
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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 George at 400 E Minnesota Ave, George, IA, 51237 with 5% annual appreciation on a $225,000 basis while $1,438/mo rent supports operations. 54% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 7.67%. Five-year ROI measures 101.22% and total cumulative return in cash totals $75,501. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,438/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51237, George, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 557 (73.1%) |
| Renter Occupied HU | 121 (15.9%) |
| Vacant Housing Units | 84 (11.0%) |
| Median Home Value | $171,875 |
| Average Home Value | $275,579 |
Housing Distribution
Address Breakdown
Residential
392
Single Family
392
Multi-Family
0
Businesses
46
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