420 S Ontario StPomeroyIA50575
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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 Pomeroy at 420 S Ontario St, Pomeroy, IA, 50575 with 5% annual appreciation on a $144,900 basis while $1,366/mo rent supports operations. Total monthly income totals $1,366/mo and a $709/mo payment preserves $425/mo for cash returns. Annual cash flow comes to $5,102/yr on $48,034 deployed, and return on cash invested reaches 30.53% in year one. Equity gained on principal adds $935/yr, and five-year appreciation sums $40,033 alongside rental yield of 11.31%. Five-year ROI measures 160.31% and total cumulative return in cash totals $77,005.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,366/mo property income versus a $709/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50575, Pomeroy, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 290 (70.2%) |
| Renter Occupied HU | 56 (13.6%) |
| Vacant Housing Units | 67 (16.2%) |
| Median Home Value | $83,750 |
| Average Home Value | $175,698 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
250
Multi-Family
9
Businesses
22
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