56 North AveCentral CityIA52214
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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 Central City at 56 North Ave, Central City, IA, 52214 earns $275/mo cash flow from $1,768/mo rent with a $1,125/mo payment. Total monthly income totals $1,768/mo, and annual cash flow totals $3,302/yr on $76,212 capital. ROI tracks 24.24% on current figures, and rental yield reads 9.23% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 126.53% and total cumulative return in cash sums $96,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,768/mo property income instead of your personal income.
Single Family
Built in 1917
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52214, Central City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 1,081 (74.7%) |
| Renter Occupied HU | 236 (16.3%) |
| Vacant Housing Units | 130 ( 9.0%) |
| Median Home Value | $283,036 |
| Average Home Value | $354,877 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,093
Multi-Family
39
Businesses
67
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Listed by: Kaitlyn Montgomery • Realty ONE Group Impact
Mls Name: CRAAR, CDRMLS
Mls ID: #2507935