605 Day 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
Investment property for sale in Decorah at 605 Day St, Decorah, IA, 52101 listed at $299,750 pairs $2,166/mo rent with a $1,467/mo payment to leave $219/mo cash flow. Total monthly income runs $2,166/mo, and annual cash flow reaches $2,633/yr on $99,367 cash to close. Return on cash invested measures 22.56% in year one, and rental yield registers 8.67% at a $299,750 basis. Equity gained on principal adds $1,934/yr, and annual property appreciation at 5% supports $82,815 by year five. Five-year ROI tracks 117.47% and total cumulative return in cash totals $116,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,166/mo property income relative to a $1,467/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
10,018 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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