435 N 3rd StOskaloosaIA52577
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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 Oskaloosa at 435 N 3rd St, Oskaloosa, IA, 52577 priced at $150,000 converts $1,179/mo rent into $205/mo cash flow after a $734/mo obligation. Total monthly income equals $1,179/mo, and annual cash flow totals $2,460/yr on $49,725 invested. Return on cash invested prints 24.86% in year one, and rental yield reads 9.43% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 129.75% and total cumulative return in cash sums $64,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,179/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1915
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52577, Oskaloosa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,563 (100%) |
| Owner Occupied HU | 3,957 (60.3%) |
| Renter Occupied HU | 1,930 (29.4%) |
| Vacant Housing Units | 676 (10.3%) |
| Median Home Value | $168,132 |
| Average Home Value | $208,122 |
Housing Distribution
Address Breakdown
Residential
6,231
Single Family
5,791
Multi-Family
440
Businesses
581
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Listed by: Heather Davis • Legacy Real Estate Group
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325559
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.