602 14th AveDurantIA52747
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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 Durant at 602 14th Ave, Durant, IA, 52747 listed at $267,000 pairs $2,118/mo rent with a $1,307/mo payment to leave $384/mo cash flow. Total monthly income runs $2,118/mo, and annual cash flow reaches $4,606/yr on $88,511 cash to close. Return on cash invested measures 25.11% in year one, and rental yield registers 9.52% at a $267,000 basis. Equity gained on principal adds $1,723/yr, and annual property appreciation at 5% supports $73,767 by year five. Five-year ROI tracks 131.14% and total cumulative return in cash totals $116,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,118/mo property income relative to a $1,307/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52747, Durant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 948 (100%) |
| Owner Occupied HU | 729 (76.9%) |
| Renter Occupied HU | 173 (18.2%) |
| Vacant Housing Units | 46 ( 4.9%) |
| Median Home Value | $234,124 |
| Average Home Value | $270,120 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
602
Multi-Family
15
Businesses
87
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Listed by: Desiree Housby • Realty One Group Opening Doors
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4256266
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