704 7th StIretonIA51027
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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 Ireton at 704 7th St, Ireton, IA, 51027 listed at $310,000 pairs $1,645/mo rent with a $1,517/mo payment. Total monthly income runs $1,645/mo. Return on cash invested measures 15.61% in year one, and rental yield registers 6.37% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 80.19% and total cumulative return in cash totals $82,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,645/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51027, Ireton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 369 (79.0%) |
| Renter Occupied HU | 53 (11.3%) |
| Vacant Housing Units | 45 ( 9.6%) |
| Median Home Value | $290,714 |
| Average Home Value | $434,289 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
45
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