415 Wagner StDuncombeIA50532
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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
Rental property for sale in Duncombe at 415 Wagner St, Duncombe, IA, 50532 priced at $173,500 pairs $1,050/mo rent with after a $849/mo payment. Total monthly income equals $1,050/mo. Return on cash invested is 18.31% in year one, and rental yield stands at 7.26% on a $173,500 basis. Equity gained on principal adds $1,120/yr, and 5% annual appreciation accumulates to $47,935 by year five. Five-year ROI measures 94.73% and total cumulative return in cash reaches $54,484. For financing, Ziffy Mortgage’s DSCR program evaluates $1,050/mo property income against a $849/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50532, Duncombe, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 402 (100%) |
| Owner Occupied HU | 284 (70.6%) |
| Renter Occupied HU | 61 (15.2%) |
| Vacant Housing Units | 57 (14.2%) |
| Median Home Value | $305,224 |
| Average Home Value | $282,139 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
23
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