607 W 6th StVintonIA52349
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Vinton at 607 W 6th St, Vinton, IA, 52349 at $145,000 posts ROI 25.6% with $228/mo cash flow from $1,170/mo rent. Total monthly income equals $1,170/mo, and annual cash flow records $2,736/yr on $48,068 to close. Return on cash invested measures 25.6% and rental yield reads 9.68% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 133.75% and total cumulative return in cash totals $64,292.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,170/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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Nearby investment properties with comparable prices
Listed by: Matt Clark • Epique Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406797
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.