508 Wilson StEmersonIA51533
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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 Emerson at 508 Wilson St, Emerson, IA, 51533 at $159,900 posts ROI 25.3% with $238/mo cash flow from $1,277/mo rent. Total monthly income equals $1,277/mo, and annual cash flow records $2,858/yr on $53,007 to close. Return on cash invested measures 25.3% and rental yield reads 9.58% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 132.24% and total cumulative return in cash totals $70,098.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,277/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51533, Emerson, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 280 (71.6%) |
| Renter Occupied HU | 45 (11.5%) |
| Vacant Housing Units | 66 (16.9%) |
| Median Home Value | $203,448 |
| Average Home Value | $248,884 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
33
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