506 E Centre StGarnavilloIA52049
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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 Garnavillo at 506 E Centre St, Garnavillo, IA, 52049 with 5% annual appreciation on a $134,900 basis while $1,817/mo rent supports operations. Total monthly income totals $1,817/mo and a $660/mo payment preserves $941/mo for cash returns. Annual cash flow comes to $11,294/yr on $44,719 deployed, and return on cash invested reaches 45.16% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 16.16%. Five-year ROI measures 238.78% and total cumulative return in cash totals $106,781.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,817/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52049, Garnavillo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 436 (59.2%) |
| Renter Occupied HU | 132 (17.9%) |
| Vacant Housing Units | 169 (22.9%) |
| Median Home Value | $161,161 |
| Average Home Value | $231,835 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
52
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Listed by: Lynne Winch • Ole's 5 Star Realty, LLC
Mls Name: East Central Iowa AOR
Mls ID: #153009