607 E Main StFremontIA52561
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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
Rental property for sale in Fremont at 607 E Main St, Fremont, IA, 52561 offers $0/mo rent that, after a $783/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.61% in year one, and rental yield stands at 0% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52561, Fremont, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 437 (100%) |
| Owner Occupied HU | 297 (68.0%) |
| Renter Occupied HU | 97 (22.2%) |
| Vacant Housing Units | 43 ( 9.8%) |
| Median Home Value | $143,750 |
| Average Home Value | $201,793 |
Housing Distribution
Address Breakdown
Residential
287
Single Family
287
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices