69837 Lansing RdWiotaIA50274
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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 Wiota at 69837 Lansing Rd, Wiota, IA, 50274 offers a 0% rental yield on a $134,000 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $865/yr while 5% annual appreciation supports $37,022 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $656/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
3.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50274, Wiota, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 156 (100%) |
| Owner Occupied HU | 118 (75.6%) |
| Renter Occupied HU | 19 (12.2%) |
| Vacant Housing Units | 19 (12.2%) |
| Median Home Value | $166,071 |
| Average Home Value | $224,915 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
6
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No similar rental properties found nearby.
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Listed by: Melissa Ihnen • Meyer & Gross Real Estate Co
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326336
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.