409 1st AveKeystoneIA52249
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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
Investment property for sale in Keystone at 409 1st Ave, Keystone, IA, 52249 uses $81,218 cash to close to unlock $2,064/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,763/mo, and a $1,199/mo payment keeps the spread at $172/mo. Purchase price stands at $245,000, and rental yield measures 8.64% with $1,763/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash records $94,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,763/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52249, Keystone, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 423 (100%) |
| Owner Occupied HU | 306 (72.3%) |
| Renter Occupied HU | 62 (14.7%) |
| Vacant Housing Units | 55 (13.0%) |
| Median Home Value | $217,857 |
| Average Home Value | $231,487 |
Housing Distribution
Address Breakdown
Residential
256
Single Family
252
Multi-Family
4
Businesses
27
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