498 Thomas StTiffinIA52340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tiffin at 498 Thomas St, Tiffin, IA, 52340 listed at $262,990 pairs $2,312/mo rent with a $1,287/mo payment to leave $404/mo cash flow. Total monthly income runs $2,312/mo, and annual cash flow reaches $4,851/yr on $87,181 cash to close. Return on cash invested measures 25.47% in year one, and rental yield registers 10.55% at a $262,990 basis. Equity gained on principal adds $1,697/yr, and annual property appreciation at 5% supports $72,659 by year five. Five-year ROI tracks 134.12% and total cumulative return in cash totals $116,924. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,312/mo property income relative to a $1,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
3,049 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Fox • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2401829
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.