46592 220th StRemsenIA51050
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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
Total monthly income runs $1,922/mo, and a $1,786/mo payment. Purchase price stands at $365,000, and rental yield measures 6.32% with $1,922/mo rent. Return on cash invested shows 15.47% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 79.41% and total cumulative return in cash records $96,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51050, Remsen, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 838 (76.8%) |
| Renter Occupied HU | 180 (16.5%) |
| Vacant Housing Units | 73 ( 6.7%) |
| Median Home Value | $263,793 |
| Average Home Value | $334,406 |
Housing Distribution
Address Breakdown
Residential
725
Single Family
702
Multi-Family
23
Businesses
71
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Listed by: Brenda Janssen • Century 21 ProLink - Le Mars
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828392
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.