408 E Centre StGarnavilloIA52049
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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 Garnavillo at 408 E Centre St, Garnavillo, IA, 52049 priced at $252,500 converts $1,480/mo rent into after a $1,236/mo obligation. Total monthly income equals $1,480/mo. Return on cash invested prints 17.62% in year one, and rental yield reads 7.03% against a $252,500 entry. Equity gained on principal adds $1,629/yr, while 5% annual appreciation compiles into $69,761 by year five. Five-year ROI reaches 90.92% and total cumulative return in cash sums $76,107. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,480/mo property income covering a $1,236/mo payment, not borrower’s personal income.
Single Family
Built in 1976
8,760 sqft 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
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Listed by: N/A • N/A
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