433 N 16th 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 433 N 16th St, Chariton, IA, 50049 earns $42/mo cash flow from $1,532/mo rent with a $1,101/mo payment. Total monthly income totals $1,532/mo, and annual cash flow totals $506/yr on $74,588 capital. ROI tracks 20.59% on current figures, and rental yield reads 8.17% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 107.11% and total cumulative return in cash sums $79,893. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,532/mo property income instead of your personal income.
Manufactured
Built in 2018
3.60 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: Reus, Jessica • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #715370
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.