534 3rd StJesupIA50648
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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 Jesup at 534 3rd St, Jesup, IA, 50648 generates $1,940/mo in rent, after a $1,859/mo payment. Total monthly income is $1,940/mo. Return on cash invested sits at 14.89% in year one, and rental yield is 6.13% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 76.35% and total cumulative return in cash sums $96,149. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50648, Jesup, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,697 (100%) |
| Owner Occupied HU | 1,313 (77.4%) |
| Renter Occupied HU | 256 (15.1%) |
| Vacant Housing Units | 128 ( 7.5%) |
| Median Home Value | $226,541 |
| Average Home Value | $260,499 |
Housing Distribution
Address Breakdown
Residential
1,470
Single Family
1,446
Multi-Family
24
Businesses
97
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