606 W View DrReadlynIA50668
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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 Readlyn at 606 W View Dr, Readlyn, IA, 50668 with 5% annual appreciation on a $369,500 basis while $2,165/mo rent supports operations. 6% in year one. Equity gained on principal adds $2,384/yr, and five-year appreciation sums $102,086 alongside rental yield of 7.03%. Five-year ROI measures 90.88% and total cumulative return in cash totals $111,316. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,165/mo property income versus a $1,809/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50668, Readlyn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 447 (79.3%) |
| Renter Occupied HU | 72 (12.8%) |
| Vacant Housing Units | 45 ( 8.0%) |
| Median Home Value | $188,702 |
| Average Home Value | $225,710 |
Housing Distribution
Address Breakdown
Residential
261
Single Family
261
Multi-Family
0
Businesses
32
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