612 1st AveSpringvilleIA52336
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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 Springville at 612 1st Ave, Springville, IA, 52336 at $237,500 posts ROI 28.35% with $554/mo cash flow from $2,096/mo rent. Total monthly income equals $2,096/mo, and annual cash flow records $6,648/yr on $78,731 to close. Return on cash invested measures 28.35% and rental yield reads 10.59% at the current $237,500. Equity gained on principal adds $1,533/yr, and 5% annual appreciation supports $65,617 by year five. Five-year ROI prints 148.5% and total cumulative return in cash totals $116,913.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,096/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1996
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52336, Springville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 989 (100%) |
| Owner Occupied HU | 753 (76.1%) |
| Renter Occupied HU | 157 (15.9%) |
| Vacant Housing Units | 79 ( 8.0%) |
| Median Home Value | $261,436 |
| Average Home Value | $307,560 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
42
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Listed by: Jaime Hymer • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2408063
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.