409 Elm StLawtonIA51030
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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 Lawton at 409 Elm St, Lawton, IA, 51030 at $375,000 posts ROI 23.27% with $348/mo cash flow from $2,783/mo rent. Total monthly income equals $2,783/mo, and annual cash flow records $4,176/yr on $124,313 to close. Return on cash invested measures 23.27% and rental yield reads 8.91% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 121.25% and total cumulative return in cash totals $150,723.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,783/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51030, Lawton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 704 (100%) |
| Owner Occupied HU | 576 (81.8%) |
| Renter Occupied HU | 66 ( 9.4%) |
| Vacant Housing Units | 62 ( 8.8%) |
| Median Home Value | $305,046 |
| Average Home Value | $319,141 |
Housing Distribution
Address Breakdown
Residential
565
Single Family
536
Multi-Family
29
Businesses
40
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