503 N Vine StGlenwoodIA51534
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
Rental property for sale in Glenwood at 503 N Vine St, Glenwood, IA, 51534 offers $1,516/mo rent that, after a $840/mo payment, leaves $383/mo cash flow. Total monthly income is $1,516/mo, and annual cash flow is $4,597/yr on $56,919 cash. Return on cash invested measures 27.99% in year one, and rental yield stands at 10.6% at a $171,700 entry. Equity gained on principal adds $1,108/yr while 5% annual appreciation compounds into $47,438 by year five. Five-year ROI records 146.78% and total cumulative return in cash reaches $83,547. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,516/mo property income versus a $840/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51534, Glenwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,710 (71.4%) |
| Renter Occupied HU | 742 (19.5%) |
| Vacant Housing Units | 346 ( 9.1%) |
| Median Home Value | $262,868 |
| Average Home Value | $330,174 |
Housing Distribution
Address Breakdown
Residential
3,620
Single Family
3,603
Multi-Family
17
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices