66489 Painter RdPacific JunctionIA51561
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 Pacific Junction at 66489 Painter Rd, Pacific Junction, IA, 51561 generates $2,477/mo in rent, after a $3,793/mo payment. Total monthly income is $2,477/mo. Return on cash invested sits at 8.03% in year one, and rental yield is 3.84% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 39.5% and total cumulative return in cash sums $100,723. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,477/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51561, Pacific Junction, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 591 (100%) |
| Owner Occupied HU | 390 (66.0%) |
| Renter Occupied HU | 47 ( 8.0%) |
| Vacant Housing Units | 154 (26.1%) |
| Median Home Value | $362,832 |
| Average Home Value | $429,487 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
417
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bob Hughes • Jim Hughes Real Estate
Mls Name: My State MLS
Mls ID: #11560763