408 West StLynnvilleIA50153
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
Investment property for sale in Lynnville at 408 West St, Lynnville, IA, 50153 with 5% annual appreciation on a $224,400 basis while $1,387/mo rent supports operations. 78% in year one. Equity gained on principal adds $1,448/yr, and five-year appreciation sums $61,998 alongside rental yield of 7.42%. Five-year ROI measures 97.19% and total cumulative return in cash totals $72,301. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,387/mo property income versus a $1,098/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
9,635 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50153, Lynnville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 52 (16.9%) |
| Vacant Housing Units | 18 ( 5.8%) |
| Median Home Value | $219,000 |
| Average Home Value | $250,294 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices