601 Crestview DrLe GrandIA50142
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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 Le Grand at 601 Crestview Dr, Le Grand, IA, 50142 offers a 0% rental yield on a $369,900 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50142, Le Grand, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 279 (72.5%) |
| Renter Occupied HU | 85 (22.1%) |
| Vacant Housing Units | 21 ( 5.5%) |
| Median Home Value | $154,167 |
| Average Home Value | $151,299 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
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Listed by: Shane Andrews • New Horizons Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321016
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