505 Country StWalnutIA51577
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 Walnut at 505 Country St, Walnut, IA, 51577 offers $1,931/mo rent that, after a $1,272/mo payment, leaves $243/mo cash flow. Total monthly income is $1,931/mo, and annual cash flow is $2,918/yr on $86,157 cash. Return on cash invested measures 23.3% in year one, and rental yield stands at 8.92% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 121.46% and total cumulative return in cash reaches $104,650. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,931/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51577, Walnut, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 347 (68.3%) |
| Renter Occupied HU | 101 (19.9%) |
| Vacant Housing Units | 60 (11.8%) |
| Median Home Value | $179,605 |
| Average Home Value | $241,758 |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
52
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