504 Decorah AveDecorahIA52101
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 Decorah at 504 Decorah Ave, Decorah, IA, 52101 generates $1,820/mo in rent, after a $1,419/mo payment. Total monthly income is $1,820/mo. Return on cash invested sits at 19.12% in year one, and rental yield is 7.53% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 99.08% and total cumulative return in cash sums $95,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,820/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52101, Decorah, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,820 (100%) |
| Owner Occupied HU | 3,911 (67.2%) |
| Renter Occupied HU | 1,362 (23.4%) |
| Vacant Housing Units | 547 ( 9.4%) |
| Median Home Value | $308,845 |
| Average Home Value | $364,317 |
Housing Distribution
Address Breakdown
Residential
5,494
Single Family
4,974
Multi-Family
520
Businesses
583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices