403 5th StGriswoldIA51535
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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
Total monthly income runs $0/mo, and a $636/mo payment. Purchase price stands at $130,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -3.59% in year one, and 5% annual appreciation builds toward $35,917 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51535, Griswold, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 593 (68.5%) |
| Renter Occupied HU | 159 (18.4%) |
| Vacant Housing Units | 114 (13.2%) |
| Median Home Value | $145,170 |
| Average Home Value | $214,351 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
55
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Listed by: Diane Milner • Property Connection Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327152
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.