405 6th StVictorIA52347
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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 Victor at 405 6th St, Victor, IA, 52347 offers a 4.57% rental yield on a $325,000 purchase with $1,237/mo rent. 17% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 51.01% and total cumulative return in cash at $54,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,237/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52347, Victor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 452 (73.4%) |
| Renter Occupied HU | 115 (18.7%) |
| Vacant Housing Units | 49 ( 8.0%) |
| Median Home Value | $146,324 |
| Average Home Value | $241,444 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
340
Multi-Family
15
Businesses
61
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