406 S Ave SVintonIA52349
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
Rental property for sale in Vinton at 406 S Ave S, Vinton, IA, 52349 offers $3,011/mo rent that, after a $2,166/mo payment, leaves $137/mo cash flow. Total monthly income is $3,011/mo, and annual cash flow is $1,644/yr on $146,689 cash. Return on cash invested measures 21.03% in year one, and rental yield stands at 8.17% at a $442,500 entry. Equity gained on principal adds $2,855/yr while 5% annual appreciation compounds into $122,255 by year five. Five-year ROI records 109.23% and total cumulative return in cash reaches $160,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,011/mo property income versus a $2,166/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordyn Edwards • Century 21 Signature Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504539
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.