512 Groves StWest BendIA50597
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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
Rental property for sale in West Bend at 512 Groves St, West Bend, IA, 50597 generates $0/mo in rent, after a $663/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.6% in year one, and rental yield is 0% on a $135,500 entry. Equity gained on principal adds $874/yr, while 5% annual appreciation builds toward $37,436 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50597, West Bend, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 421 (75.7%) |
| Renter Occupied HU | 93 (16.7%) |
| Vacant Housing Units | 42 ( 7.6%) |
| Median Home Value | $177,404 |
| Average Home Value | $240,125 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
270
Multi-Family
34
Businesses
71
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices