600 Ripley StHarpers FerryIA52146
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 Harpers Ferry at 600 Ripley St, Harpers Ferry, IA, 52146 priced at $159,900 pairs $1,114/mo rent with $75/mo cash flow after a $783/mo payment. Total monthly income equals $1,114/mo, and annual cash flow comes to $902/yr on $53,007 invested. Return on cash invested is 21.61% in year one, and rental yield stands at 8.36% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 112.43% and total cumulative return in cash reaches $59,598. For financing, Ziffy Mortgage’s DSCR program evaluates $1,114/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52146, Harpers Ferry, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 403 (31.3%) |
| Renter Occupied HU | 39 ( 3.0%) |
| Vacant Housing Units | 844 (65.6%) |
| Median Home Value | $232,265 |
| Average Home Value | $288,505 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
25
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Nearby investment properties with comparable prices
Listed by: Barbara E Smed • Keller Williams Legacy Group
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255762