603 E Dewitt StPleasantvilleIA50225
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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 Pleasantville at 603 E Dewitt St, Pleasantville, IA, 50225 offers a 9.2% rental yield on a $130,000 purchase with $997/mo rent. Total monthly income registers $997/mo, and a $636/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,836/yr on $43,095 to close, and return on cash invested stands at 24.17% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 126.06% and total cumulative return in cash at $54,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $997/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50225, Pleasantville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,226 (100%) |
| Owner Occupied HU | 932 (76.0%) |
| Renter Occupied HU | 226 (18.4%) |
| Vacant Housing Units | 68 ( 5.5%) |
| Median Home Value | $265,873 |
| Average Home Value | $301,347 |
Housing Distribution
Address Breakdown
Residential
1,015
Single Family
1,015
Multi-Family
0
Businesses
73
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Listed by: Misty Darling • BH&G Real Estate Innovations
Mls Name: DMMLS
Mls Provider:
Mls ID: #731457
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.