514 S Main StCharitonIA50049
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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 Chariton at 514 S Main St, Chariton, IA, 50049 with 5% annual appreciation on a $229,000 basis while $1,480/mo rent supports operations. 79% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 7.76%. Five-year ROI measures 102.63% and total cumulative return in cash totals $77,909. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,480/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
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