409 E Washington StSigourneyIA52591
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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 Sigourney at 409 E Washington St, Sigourney, IA, 52591 uses $37,128 cash to close to unlock $1,366/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $841/mo, and a $548/mo payment keeps the spread at $114/mo. Purchase price stands at $112,000, and rental yield measures 9.01% with $841/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 122.96% and total cumulative return in cash records $45,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $841/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in 1884
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52591, Sigourney, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 923 (67.8%) |
| Renter Occupied HU | 320 (23.5%) |
| Vacant Housing Units | 119 ( 8.7%) |
| Median Home Value | $158,036 |
| Average Home Value | $217,898 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,219
Multi-Family
33
Businesses
166
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