403 S 6th StMapletonIA51034
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 Mapleton at 403 S 6th St, Mapleton, IA, 51034 priced at $149,000 pairs $1,278/mo rent with $311/mo cash flow after a $729/mo payment. Total monthly income equals $1,278/mo, and annual cash flow comes to $3,727/yr on $49,394 invested. Return on cash invested is 27.45% in year one, and rental yield stands at 10.29% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 143.76% and total cumulative return in cash reaches $71,008. For financing, Ziffy Mortgage’s DSCR program evaluates $1,278/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51034, Mapleton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 571 (69.5%) |
| Renter Occupied HU | 153 (18.6%) |
| Vacant Housing Units | 98 (11.9%) |
| Median Home Value | $132,721 |
| Average Home Value | $185,473 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
728
Multi-Family
11
Businesses
76
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Listed by: Brent Mccall • McCall Auctions & Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828191
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.