407 Vine StCambridgeIA50046
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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 Cambridge at 407 Vine St, Cambridge, IA, 50046 generates $2,051/mo in rent, after a $1,958/mo payment. Total monthly income is $2,051/mo. Return on cash invested sits at 14.96% in year one, and rental yield is 6.15% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 76.69% and total cumulative return in cash sums $101,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,051/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50046, Cambridge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 513 (77.3%) |
| Renter Occupied HU | 107 (16.1%) |
| Vacant Housing Units | 44 ( 6.6%) |
| Median Home Value | $419,737 |
| Average Home Value | $508,436 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
468
Multi-Family
12
Businesses
30
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Listed by: Betts Team • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67112
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.