503 W 3rd StVintonIA52349
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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
Investment property for sale in Vinton at 503 W 3rd St, Vinton, IA, 52349 listed at $142,500 pairs $1,093/mo rent with a $697/mo payment to leave $168/mo cash flow. Total monthly income runs $1,093/mo, and annual cash flow reaches $2,016/yr on $47,239 cash to close. Return on cash invested measures 24.18% in year one, and rental yield registers 9.2% at a $142,500 basis. Equity gained on principal adds $920/yr, and annual property appreciation at 5% supports $39,370 by year five. Five-year ROI tracks 126.11% and total cumulative return in cash totals $59,571. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,093/mo property income relative to a $697/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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