505 E Washington AveKeotaIA52248
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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 Keota at 505 E Washington Ave, Keota, IA, 52248 offers a 6.75% rental yield on a $160,250 purchase with $901/mo rent. 76% in year one. Equity gained on principal adds $1,034/yr while 5% annual appreciation supports $44,274 over five years. Portfolio math shows five-year ROI at 86.4% and total cumulative return in cash at $45,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $901/mo property income against a $784/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52248, Keota, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 750 (100%) |
| Owner Occupied HU | 545 (72.7%) |
| Renter Occupied HU | 134 (17.9%) |
| Vacant Housing Units | 71 ( 9.5%) |
| Median Home Value | $153,125 |
| Average Home Value | $198,817 |
Housing Distribution
Address Breakdown
Residential
606
Single Family
606
Multi-Family
0
Businesses
58
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