509 W 3rd StLinevilleIA50147
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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 Lineville at 509 W 3rd St, Lineville, IA, 50147 earns $121/mo cash flow from $926/mo rent with a $607/mo payment. Total monthly income totals $926/mo, and annual cash flow totals $1,447/yr on $41,106 capital. ROI tracks 23.43% on current figures, and rental yield reads 8.96% at a $124,000 purchase. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,259 over five years. Five-year ROI reaches 122.18% and total cumulative return in cash sums $50,223. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $926/mo property income instead of your personal income.
Single Family
Built in 1920
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50147, Lineville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 222 (100%) |
| Owner Occupied HU | 160 (72.1%) |
| Renter Occupied HU | 32 (14.4%) |
| Vacant Housing Units | 30 (13.5%) |
| Median Home Value | $151,563 |
| Average Home Value | $202,750 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
16
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