423 11th StManningIA51455
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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 Manning at 423 11th St, Manning, IA, 51455 listed at $150,000 pairs $1,140/mo rent with a $734/mo payment to leave $166/mo cash flow. Total monthly income runs $1,140/mo, and annual cash flow reaches $1,992/yr on $49,725 cash to close. Return on cash invested measures 23.92% in year one, and rental yield registers 9.12% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 124.71% and total cumulative return in cash totals $62,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
9,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51455, Manning, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 699 (68.5%) |
| Renter Occupied HU | 199 (19.5%) |
| Vacant Housing Units | 122 (12.0%) |
| Median Home Value | $167,500 |
| Average Home Value | $226,445 |
Housing Distribution
Address Breakdown
Residential
928
Single Family
923
Multi-Family
5
Businesses
86
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