608/612 N Main StWall LakeIA51466
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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 Wall Lake at 608/612 N Main St, Wall Lake, IA, 51466 listed at $288,600 pairs $0/mo rent with a $1,413/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.61% in year one, and rental yield registers 0% at a $288,600 basis. Equity gained on principal adds $1,862/yr, and annual property appreciation at 5% supports $79,735 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,413/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51466, Wall Lake, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 504 (100%) |
| Owner Occupied HU | 375 (74.4%) |
| Renter Occupied HU | 85 (16.9%) |
| Vacant Housing Units | 44 ( 8.7%) |
| Median Home Value | $206,169 |
| Average Home Value | $237,047 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
43
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