519 2nd Ave NWMOUNT VERNONIA52314
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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
Total monthly income runs $1,614/mo, and a $2,521/mo payment. Purchase price stands at $515,000, and rental yield measures 3.76% with $1,614/mo rent. Return on cash invested shows 7.8% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 38.27% and total cumulative return in cash records $64,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,614/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1880
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52314, Mount Vernon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,143 (100%) |
| Owner Occupied HU | 1,617 (75.5%) |
| Renter Occupied HU | 379 (17.7%) |
| Vacant Housing Units | 147 ( 6.9%) |
| Median Home Value | $330,475 |
| Average Home Value | $363,694 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
1,944
Multi-Family
68
Businesses
186
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Listed by: Anna Lueken • Epique
Mls Name: Iowa City Area AOR
Mls ID: #202505665