5929 16th AveGarrisonIA52229
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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 Garrison at 5929 16th Ave, Garrison, IA, 52229 listed at $395,000 pairs $1,601/mo rent with a $1,933/mo payment. Total monthly income runs $1,601/mo. Return on cash invested measures 11.07% in year one, and rental yield registers 4.86% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 55.85% and total cumulative return in cash totals $73,134. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,601/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52229, Garrison, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 297 (100%) |
| Owner Occupied HU | 224 (75.4%) |
| Renter Occupied HU | 43 (14.5%) |
| Vacant Housing Units | 30 (10.1%) |
| Median Home Value | $236,842 |
| Average Home Value | $269,397 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
12
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