537 W 9th St NNewtonIA50208
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
Investment property for sale in Newton at 537 W 9th St N, Newton, IA, 50208 at $132,000 posts ROI 24.76% with $177/mo cash flow from $1,034/mo rent. Total monthly income equals $1,034/mo, and annual cash flow records $2,122/yr on $43,758 to close. Return on cash invested measures 24.76% and rental yield reads 9.4% at the current $132,000. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 by year five. Five-year ROI prints 129.26% and total cumulative return in cash totals $56,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,034/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
4,769 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50208, Newton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,966 (100%) |
| Owner Occupied HU | 5,655 (63.1%) |
| Renter Occupied HU | 2,601 (29.0%) |
| Vacant Housing Units | 710 ( 7.9%) |
| Median Home Value | $171,711 |
| Average Home Value | $218,468 |
Housing Distribution
Address Breakdown
Residential
8,615
Single Family
7,477
Multi-Family
1,138
Businesses
647
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