46A 255th AveCharitonIA50049
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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 Chariton at 46A 255th Ave, Chariton, IA, 50049 generates $3,000/mo in rent and, after a $2,004/mo payment, leaves $341/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $4,090/yr on $135,749 invested. Return on cash invested sits at 22.92% in year one, and rental yield is 8.79% on a $409,500 entry. Equity gained on principal adds $2,642/yr, while 5% annual appreciation builds toward $113,137 over five years. Five-year ROI reaches 119.4% and total cumulative return in cash sums $162,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
46 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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