688 Fremont StMillersburgIA52308
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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
Total monthly income runs $1,187/mo, and a $930/mo payment. Purchase price stands at $190,000, and rental yield measures 7.5% with $1,187/mo rent. Return on cash invested shows 19.01% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 98.44% and total cumulative return in cash records $62,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,187/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52308, Millersburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 58 (100%) |
| Owner Occupied HU | 36 (62.1%) |
| Renter Occupied HU | 9 (15.5%) |
| Vacant Housing Units | 13 (22.4%) |
| Median Home Value | $225,000 |
| Average Home Value | $408,750 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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Listed by: Amanda Welsh • Iowa Elite Marketing Group
Mls Name: Iowa City Area AOR
Mls ID: #202600136