520 6th StManningIA51455
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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 $575/mo, and a $587/mo payment. Purchase price stands at $119,900, and rental yield measures 5.75% with $575/mo rent. Return on cash invested shows 13.75% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 70.37% and total cumulative return in cash records $27,972. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $575/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51455, Manning, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 699 (68.5%) |
| Renter Occupied HU | 199 (19.5%) |
| Vacant Housing Units | 122 (12.0%) |
| Median Home Value | $167,500 |
| Average Home Value | $226,445 |
Housing Distribution
Address Breakdown
Residential
928
Single Family
923
Multi-Family
5
Businesses
86
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Listed by: Eric Rosener • Smart Moves Iowa Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326535
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.