602 S 4th StKnoxvilleIA50138
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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 Knoxville at 602 S 4th St, Knoxville, IA, 50138 earns $221/mo cash flow from $1,509/mo rent with a $971/mo payment. Total monthly income totals $1,509/mo, and annual cash flow totals $2,649/yr on $65,736 capital. ROI tracks 23.94% on current figures, and rental yield reads 9.13% at a $198,300 purchase. Equity gained on principal adds $1,280/yr, and 5% annual appreciation supports $54,787 over five years. Five-year ROI reaches 124.87% and total cumulative return in cash sums $82,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,509/mo property income instead of your personal income.
Single Family
Built in 1910
8,158 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50138, Knoxville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,596 (67.6%) |
| Renter Occupied HU | 1,312 (24.6%) |
| Vacant Housing Units | 415 ( 7.8%) |
| Median Home Value | $202,144 |
| Average Home Value | $259,265 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,661
Multi-Family
493
Businesses
394
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