517 1st St NEBuffalo CenterIA50424
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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 Buffalo Center at 517 1st St NE, Buffalo Center, IA, 50424 generates $0/mo in rent, after a $1,072/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 $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 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 1945
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50424, Buffalo Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 492 (70.5%) |
| Renter Occupied HU | 87 (12.5%) |
| Vacant Housing Units | 119 (17.0%) |
| Median Home Value | $111,559 |
| Average Home Value | $143,786 |
Housing Distribution
Address Breakdown
Residential
499
Single Family
499
Multi-Family
0
Businesses
63
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No similar rental properties found nearby.
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Listed by: Austin Haisman • Central States Agency, LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327876
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.