431 S 7th StCharitonIA50049
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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 Chariton at 431 S 7th St, Chariton, IA, 50049 uses $61,328 cash to close to unlock $1,758/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,409/mo, and a $905/mo payment keeps the spread at $146/mo. Purchase price stands at $185,000, and rental yield measures 9.14% with $1,409/mo rent. Return on cash invested shows 22.78% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 119.07% and total cumulative return in cash records $73,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,409/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
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Listed by: Hilary Masters • Masters Realty LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327583
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.