516 Washington St ERockwellIA50469
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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 Rockwell at 516 Washington St E, Rockwell, IA, 50469 listed at $147,000 pairs $1,109/mo rent with a $719/mo payment to leave $155/mo cash flow. Total monthly income runs $1,109/mo, and annual cash flow reaches $1,858/yr on $48,731 cash to close. Return on cash invested measures 23.72% in year one, and rental yield registers 9.05% at a $147,000 basis. Equity gained on principal adds $949/yr, and annual property appreciation at 5% supports $40,613 by year five. Five-year ROI tracks 123.72% and total cumulative return in cash totals $60,288. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,109/mo property income relative to a $719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50469, Rockwell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 545 (80.0%) |
| Renter Occupied HU | 100 (14.7%) |
| Vacant Housing Units | 36 ( 5.3%) |
| Median Home Value | $205,597 |
| Average Home Value | $273,697 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
38
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