404 W 6th StWiltonIA52778
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
Investment property for sale in Wilton at 404 W 6th St, Wilton, IA, 52778 uses $75,914 cash to close to unlock $3,379/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,769/mo, and a $1,121/mo payment keeps the spread at $282/mo. Purchase price stands at $229,000, and rental yield measures 9.27% with $1,769/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 127.13% and total cumulative return in cash records $96,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,769/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1917
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52778, Wilton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,651 (100%) |
| Owner Occupied HU | 1,189 (72.0%) |
| Renter Occupied HU | 341 (20.7%) |
| Vacant Housing Units | 121 ( 7.3%) |
| Median Home Value | $194,189 |
| Average Home Value | $249,346 |
Housing Distribution
Address Breakdown
Residential
1,092
Single Family
983
Multi-Family
109
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Elliott • BUY SELL BUILD QC - Real Broker, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4255946
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.