607 7th StWellsburgIA50680
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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 Wellsburg at 607 7th St, Wellsburg, IA, 50680 earns $345/mo cash flow from $1,417/mo rent with a $808/mo payment. Total monthly income totals $1,417/mo, and annual cash flow totals $4,140/yr on $54,698 capital. ROI tracks 27.48% on current figures, and rental yield reads 10.31% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 143.83% and total cumulative return in cash sums $78,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,417/mo property income instead of your personal income.
Single Family
Built in 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50680, Wellsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 428 (78.1%) |
| Renter Occupied HU | 63 (11.5%) |
| Vacant Housing Units | 57 (10.4%) |
| Median Home Value | $156,081 |
| Average Home Value | $221,694 |
Housing Distribution
Address Breakdown
Residential
261
Single Family
241
Multi-Family
20
Businesses
44
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