704 E Washington StKnoxvilleIA50138
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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 Knoxville at 704 E Washington St, Knoxville, IA, 50138 at $315,000 posts ROI 25.2% with $460/mo cash flow from $2,506/mo rent. Total monthly income equals $2,506/mo, and annual cash flow records $5,520/yr on $104,423 to close. Return on cash invested measures 25.2% and rental yield reads 9.55% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 131.57% and total cumulative return in cash totals $137,393.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,506/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1912
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50138, Knoxville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,596 (67.6%) |
| Renter Occupied HU | 1,312 (24.6%) |
| Vacant Housing Units | 415 ( 7.8%) |
| Median Home Value | $202,144 |
| Average Home Value | $259,265 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,661
Multi-Family
493
Businesses
394
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