407 N Maple StCrestonIA50801
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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
Total monthly income runs $1,080/mo, and a $1,162/mo payment. Purchase price stands at $237,500, and rental yield measures 5.46% with $1,080/mo rent. Return on cash invested shows 12.87% in year one, and 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 65.46% and total cumulative return in cash records $51,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $1,162/mo payment rather than investor’s personal income.
Single Family
Built in 1913
10,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
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Listed by: Dino Groumoutis • Creston Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6322187
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.