402 State StEmmetsburgIA50536
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 Emmetsburg at 402 State St, Emmetsburg, IA, 50536 generates $900/mo in rent, after a $1,101/mo payment. Total monthly income is $900/mo. Return on cash invested sits at 10.88% in year one, and rental yield is 4.8% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 54.89% and total cumulative return in cash sums $40,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50536, Emmetsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,274 (60.0%) |
| Renter Occupied HU | 524 (24.7%) |
| Vacant Housing Units | 325 (15.3%) |
| Median Home Value | $154,321 |
| Average Home Value | $220,795 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,700
Multi-Family
139
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Wentzel • Farmers National Company
Mls Name: Iowa Great Lakes BOR
Mls ID: #250504