410 Main StLamontIA50650
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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 Lamont at 410 Main St, Lamont, IA, 50650 listed at $213,500 pairs $1,326/mo rent with a $1,045/mo payment. Total monthly income runs $1,326/mo. Return on cash invested measures 18.88% in year one, and rental yield registers 7.45% at a $213,500 basis. Equity gained on principal adds $1,378/yr, and annual property appreciation at 5% supports $58,986 by year five. Five-year ROI tracks 97.76% and total cumulative return in cash totals $69,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,326/mo property income relative to a $1,045/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50650, Lamont, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 327 (100%) |
| Owner Occupied HU | 246 (75.2%) |
| Renter Occupied HU | 45 (13.8%) |
| Vacant Housing Units | 36 (11.0%) |
| Median Home Value | $125,893 |
| Average Home Value | $154,553 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
223
Multi-Family
0
Businesses
22
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