5562 Nixon StSaint CharlesIA50240
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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 Saint Charles at 5562 Nixon St, Saint Charles, IA, 50240 listed at $239,000 pairs $1,802/mo rent with a $1,170/mo payment to leave $250/mo cash flow. Total monthly income runs $1,802/mo, and annual cash flow reaches $2,995/yr on $79,229 cash to close. Return on cash invested measures 23.69% in year one, and rental yield registers 9.05% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 123.53% and total cumulative return in cash totals $97,872. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,802/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50240, Saint Charles, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 771 (83.7%) |
| Renter Occupied HU | 100 (10.9%) |
| Vacant Housing Units | 50 ( 5.4%) |
| Median Home Value | $294,792 |
| Average Home Value | $384,351 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
912
Multi-Family
0
Businesses
41
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Listed by: John Hutchcroft • Peoples Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #722912
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.