401 Highland StWalnutIA51577
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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 Walnut at 401 Highland St, Walnut, IA, 51577 uses $46,377 cash to close to unlock $2,018/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,077/mo, and a $685/mo payment keeps the spread at $168/mo. Purchase price stands at $139,900, and rental yield measures 9.24% with $1,077/mo rent. Return on cash invested shows 24.26% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 126.69% and total cumulative return in cash records $58,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,077/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51577, Walnut, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 347 (68.3%) |
| Renter Occupied HU | 101 (19.9%) |
| Vacant Housing Units | 60 (11.8%) |
| Median Home Value | $179,605 |
| Average Home Value | $241,758 |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
52
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