601 W Broadway StDecorahIA52101
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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
Rental property for sale in Decorah at 601 W Broadway St, Decorah, IA, 52101 priced at $209,000 pairs $1,418/mo rent with $61/mo cash flow after a $1,023/mo payment. Total monthly income equals $1,418/mo, and annual cash flow comes to $727/yr on $69,284 invested. Return on cash invested is 20.96% in year one, and rental yield stands at 8.14% on a $209,000 basis. Equity gained on principal adds $1,349/yr, and 5% annual appreciation accumulates to $57,743 by year five. Five-year ROI measures 108.89% and total cumulative return in cash reaches $75,446. For financing, Ziffy Mortgage’s DSCR program evaluates $1,418/mo property income against a $1,023/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1865
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52101, Decorah, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,820 (100%) |
| Owner Occupied HU | 3,911 (67.2%) |
| Renter Occupied HU | 1,362 (23.4%) |
| Vacant Housing Units | 547 ( 9.4%) |
| Median Home Value | $308,845 |
| Average Home Value | $364,317 |
Housing Distribution
Address Breakdown
Residential
5,494
Single Family
4,974
Multi-Family
520
Businesses
583
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