404 Edwards StEmersonIA51533
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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
Rental property for sale in Emerson at 404 Edwards St, Emerson, IA, 51533 priced at $139,900 pairs $0/mo rent with after a $685/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.61% in year one, and rental yield stands at 0% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51533, Emerson, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 280 (71.6%) |
| Renter Occupied HU | 45 (11.5%) |
| Vacant Housing Units | 66 (16.9%) |
| Median Home Value | $203,448 |
| Average Home Value | $248,884 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
33
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No similar rental properties found nearby.
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Listed by: Terry O'Toole • NP Dodge - Glenwood
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328985
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