531 E Linn StCoggonIA52218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Coggon at 531 E Linn St, Coggon, IA, 52218 priced at $188,000 pairs $1,712/mo rent with $491/mo cash flow after a $920/mo payment. Total monthly income equals $1,712/mo, and annual cash flow comes to $5,894/yr on $62,322 invested. Return on cash invested is 29.37% in year one, and rental yield stands at 10.93% on a $188,000 basis. Equity gained on principal adds $1,213/yr, and 5% annual appreciation accumulates to $51,941 by year five. Five-year ROI measures 154.03% and total cumulative return in cash reaches $95,996. For financing, Ziffy Mortgage’s DSCR program evaluates $1,712/mo property income against a $920/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52218, Coggon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 800 (100%) |
| Owner Occupied HU | 614 (76.7%) |
| Renter Occupied HU | 110 (13.7%) |
| Vacant Housing Units | 76 ( 9.5%) |
| Median Home Value | $252,885 |
| Average Home Value | $355,464 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
548
Multi-Family
8
Businesses
25
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