404 Main St, Panama, IA, 51562 | 7.75% 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 Panama at 404 Main St, Panama, IA, 51562 earns from $1,776/mo rent with a $1,346/mo payment. Total monthly income totals $1,776/mo. ROI tracks 19.78% on current figures, and rental yield reads 7.75% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 102.51% and total cumulative return in cash sums $93,455. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,776/mo property income instead of your personal income.

Single Family

Built in 1978

0.31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51562, Panama, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	197 (100%)
Owner Occupied HU	175 (88.8%)
Renter Occupied HU	22 (11.2%)
Vacant Housing Units	0
Median Home Value	$189,773
Average Home Value	$262,014