514 Main St, Lansing, IA, 52151 | 6.1% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lansing at 514 Main St, Lansing, IA, 52151 offers a 6.1% rental yield on a $249,000 purchase with $1,265/mo rent. 79% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 75.8% and total cumulative return in cash at $62,564. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,265/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1903

6,000 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 52151, Lansing, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,392 (100%)
Owner Occupied HU	734 (52.7%)
Renter Occupied HU	165 (11.9%)
Vacant Housing Units	493 (35.4%)
Median Home Value	$240,625
Average Home Value	$356,805