405 1st StWestsideIA51467
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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 Westside at 405 1st St, Westside, IA, 51467 generates $0/mo in rent, after a $978/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.59% in year one, and rental yield is 0% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51467, Westside, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 259 (100%) |
| Owner Occupied HU | 204 (78.8%) |
| Renter Occupied HU | 32 (12.4%) |
| Vacant Housing Units | 23 ( 8.9%) |
| Median Home Value | $162,879 |
| Average Home Value | $208,787 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
20
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No similar rental properties found nearby.
Nearby investment properties with comparable prices