402 Main StArcadiaIA51430
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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 Arcadia at 402 Main St, Arcadia, IA, 51430 uses $34,808 cash to close to unlock $2,892/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $923/mo, and a $514/mo payment keeps the spread at $241/mo. Purchase price stands at $105,000, and rental yield measures 10.55% with $923/mo rent. Return on cash invested shows 28.22% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 147.77% and total cumulative return in cash records $51,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $923/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51430, Arcadia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 261 (81.6%) |
| Renter Occupied HU | 40 (12.5%) |
| Vacant Housing Units | 19 ( 5.9%) |
| Median Home Value | $262,931 |
| Average Home Value | $290,642 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
20
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Listed by: Carrie Riesberg • Riesberg Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6317449
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.