703 Mills AvePacific 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
Investment property for sale in Pacific Junction at 703 Mills Ave, Pacific Junction, IA, 51561 earns from $1,676/mo rent with a $1,346/mo payment. Total monthly income totals $1,676/mo. ROI tracks 18.46% on current figures, and rental yield reads 7.31% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 95.46% and total cumulative return in cash sums $87,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,676/mo property income instead of your personal income.
Single Family
Built in 1913
0.36 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
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Nearby investment properties with comparable prices
Listed by: DeDee Oliver • PJ Morgan Real Estate
Mls Name: GPRMLS
Mls ID: #22520865