506 North StWilliamsburgIA52361
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 Williamsburg at 506 North St, Williamsburg, IA, 52361 offers $1,302/mo rent that, after a $1,785/mo payment. Total monthly income is $1,302/mo. Return on cash invested measures 9.32% in year one, and rental yield stands at 4.28% at a $364,700 entry. Equity gained on principal adds $2,353/yr while 5% annual appreciation compounds into $100,760 by year five. Five-year ROI records 46.5% and total cumulative return in cash reaches $56,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,302/mo property income versus a $1,785/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52361, Williamsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,511 (69.2%) |
| Renter Occupied HU | 527 (24.1%) |
| Vacant Housing Units | 147 ( 6.7%) |
| Median Home Value | $224,342 |
| Average Home Value | $297,057 |
Housing Distribution
Address Breakdown
Residential
1,820
Single Family
1,571
Multi-Family
249
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A