403 13th St, Onawa, IA, 51040 | 7.13% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Onawa at 403 13th St, Onawa, IA, 51040 earns from $1,396/mo rent with a $1,150/mo payment. Total monthly income totals $1,396/mo. ROI tracks 17.91% on current figures, and rental yield reads 7.13% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 92.49% and total cumulative return in cash sums $72,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,396/mo property income instead of your personal income.

Single Family

Built in 1994

0.44 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51040, Onawa, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,799 (100%)
Owner Occupied HU	1,076 (59.8%)
Renter Occupied HU	497 (27.6%)
Vacant Housing Units	226 (12.6%)
Median Home Value	$150,485
Average Home Value	$167,786