609 W Orange StWest BranchIA52358
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
Rental property for sale in West Branch at 609 W Orange St, West Branch, IA, 52358 priced at $264,900 converts $2,118/mo rent into $397/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,118/mo, and annual cash flow totals $4,766/yr on $87,814 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.59% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 132.38% and total cumulative return in cash sums $116,252. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,118/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52358, West Branch, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,433 (75.3%) |
| Renter Occupied HU | 319 (16.8%) |
| Vacant Housing Units | 151 ( 7.9%) |
| Median Home Value | $298,664 |
| Average Home Value | $326,218 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,649
Multi-Family
42
Businesses
110
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Listed by: Laura Soride • RE/MAX Affiliates
Mls Name: Iowa City Area AOR
Mls ID: #202504372