407 E Centre StGarnavilloIA52049
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 Garnavillo at 407 E Centre St, Garnavillo, IA, 52049 priced at $225,000 pairs $1,016/mo rent with after a $1,101/mo payment. Total monthly income equals $1,016/mo. Return on cash invested is 12.75% in year one, and rental yield stands at 5.42% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 64.83% and total cumulative return in cash reaches $48,357. For financing, Ziffy Mortgage’s DSCR program evaluates $1,016/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52049, Garnavillo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 436 (59.2%) |
| Renter Occupied HU | 132 (17.9%) |
| Vacant Housing Units | 169 (22.9%) |
| Median Home Value | $161,161 |
| Average Home Value | $231,835 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynne Winch • Ole's 5 Star Realty, LLC
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152158
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.