6314 Toombs Turn StPanoraIA50216
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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 Panora at 6314 Toombs Turn St, Panora, IA, 50216 listed at $449,000 pairs $960/mo rent with a $2,198/mo payment. Total monthly income runs $960/mo. Return on cash invested measures 3.36% in year one, and rental yield registers 2.57% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 14.76% and total cumulative return in cash totals $21,964. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.71 Acres lot
$N/A/sqft
$1,161 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50216, Panora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 967 (51.8%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 657 (35.2%) |
| Median Home Value | $190,264 |
| Average Home Value | $262,606 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,159
Multi-Family
50
Businesses
123
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Listed by: Angela Worth • Sunset Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #710307
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.