512 W Meadow LnWalcottIA52773
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 Walcott at 512 W Meadow Ln, Walcott, IA, 52773 offers $3,344/mo rent that, after a $2,423/mo payment, leaves $129/mo cash flow. Total monthly income is $3,344/mo, and annual cash flow is $1,548/yr on $164,093 cash. Return on cash invested measures 20.85% in year one, and rental yield stands at 8.11% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 108.29% and total cumulative return in cash reaches $177,694. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,344/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52773, Walcott, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 761 (75.6%) |
| Renter Occupied HU | 181 (18.0%) |
| Vacant Housing Units | 65 ( 6.5%) |
| Median Home Value | $222,739 |
| Average Home Value | $252,349 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
614
Multi-Family
33
Businesses
66
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