557 Center St EBrittIA50423
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 Britt at 557 Center St E, Britt, IA, 50423 priced at $137,900 pairs $1,130/mo rent with $234/mo cash flow after a $675/mo payment. Total monthly income equals $1,130/mo, and annual cash flow comes to $2,812/yr on $45,714 invested. Return on cash invested is 26.06% in year one, and rental yield stands at 9.83% on a $137,900 basis. Equity gained on principal adds $890/yr, and 5% annual appreciation accumulates to $38,099 by year five. Five-year ROI measures 136.32% and total cumulative return in cash reaches $62,315. For financing, Ziffy Mortgage’s DSCR program evaluates $1,130/mo property income against a $675/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50423, Britt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 895 (67.2%) |
| Renter Occupied HU | 268 (20.1%) |
| Vacant Housing Units | 168 (12.6%) |
| Median Home Value | $126,103 |
| Average Home Value | $168,517 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,137
Multi-Family
72
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices