401 E Keokuk AveKeotaIA52248
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Keota at 401 E Keokuk Ave, Keota, IA, 52248 offers $1,003/mo rent that, after a $612/mo payment, leaves $191/mo cash flow. Total monthly income is $1,003/mo, and annual cash flow is $2,292/yr on $41,438 cash. Return on cash invested measures 25.44% in year one, and rental yield stands at 9.63% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 132.88% and total cumulative return in cash reaches $55,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,003/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52248, Keota, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 750 (100%) |
| Owner Occupied HU | 545 (72.7%) |
| Renter Occupied HU | 134 (17.9%) |
| Vacant Housing Units | 71 ( 9.5%) |
| Median Home Value | $153,125 |
| Average Home Value | $198,817 |
Housing Distribution
Address Breakdown
Residential
606
Single Family
606
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices