403 Louisiana StMiddletownIA52638
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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 Middletown at 403 Louisiana St, Middletown, IA, 52638 at $269,900 posts ROI -3.6% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -3.6% and rental yield reads 0% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52638, Middletown, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 153 (76.5%) |
| Renter Occupied HU | 33 (16.5%) |
| Vacant Housing Units | 14 ( 7.0%) |
| Median Home Value | $198,958 |
| Average Home Value | $334,984 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
10
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jon M Salvador • Century 21/Property Profession
Mls Name: NoCoast MLS
Mls ID: #6331031