401 N Washington StWellsburgIA50680
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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 Wellsburg at 401 N Washington St, Wellsburg, IA, 50680 listed at $130,000 pairs $1,451/mo rent with a $636/mo payment to leave $607/mo cash flow. Total monthly income runs $1,451/mo, and annual cash flow reaches $7,284/yr on $43,095 cash to close. Return on cash invested measures 36.81% in year one, and rental yield registers 13.39% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 193.87% and total cumulative return in cash totals $83,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,451/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50680, Wellsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 428 (78.1%) |
| Renter Occupied HU | 63 (11.5%) |
| Vacant Housing Units | 57 (10.4%) |
| Median Home Value | $156,081 |
| Average Home Value | $221,694 |
Housing Distribution
Address Breakdown
Residential
261
Single Family
241
Multi-Family
20
Businesses
44
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