520 Willard StWhitingIA51063
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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 Whiting at 520 Willard St, Whiting, IA, 51063 with 5% annual appreciation on a $292,538 basis while $2,132/mo rent supports operations. Total monthly income totals $2,132/mo and a $1,432/mo payment preserves $232/mo for cash returns. Annual cash flow comes to $2,783/yr on $96,976 deployed, and return on cash invested reaches 22.78% in year one. Equity gained on principal adds $1,888/yr, and five-year appreciation sums $80,823 alongside rental yield of 8.75%. Five-year ROI measures 118.64% and total cumulative return in cash totals $115,053.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,132/mo property income versus a $1,432/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in 2022
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51063, Whiting, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 338 (68.8%) |
| Renter Occupied HU | 111 (22.6%) |
| Vacant Housing Units | 42 ( 8.6%) |
| Median Home Value | $127,000 |
| Average Home Value | $170,074 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
302
Multi-Family
16
Businesses
32
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