608 3rd StDurantIA52747
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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
Total monthly income runs $1,344/mo, and a $1,174/mo payment. Purchase price stands at $239,900, and rental yield measures 6.72% with $1,344/mo rent. Return on cash invested shows 16.68% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 85.99% and total cumulative return in cash records $68,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,344/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1909
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52747, Durant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 948 (100%) |
| Owner Occupied HU | 729 (76.9%) |
| Renter Occupied HU | 173 (18.2%) |
| Vacant Housing Units | 46 ( 4.9%) |
| Median Home Value | $234,124 |
| Average Home Value | $270,120 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
602
Multi-Family
15
Businesses
87
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