721 E High StWintersetIA50273
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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
Rental property for sale in Winterset at 721 E High St, Winterset, IA, 50273 generates $1,230/mo in rent, after a $1,028/mo payment. Total monthly income is $1,230/mo. Return on cash invested sits at 17.6% in year one, and rental yield is 7.03% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 90.85% and total cumulative return in cash sums $63,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,230/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Housing Distribution
Address Breakdown
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-20 | Price change | $210,000 |
| 2024-10-11 | Price change | $220,000 |
| 2024-08-26 | Price change | $225,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $2558.00 | -0.16% | $153,100 | 26.63% |
| 2022-11-20 | $2562.00 | 6.13% | $120,900 | N/A |
| 2021-11-20 | $2414.00 | -5.70% | $120,900 | 13.31% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1957
- Architectural Style: Ranch
- Building Area: 1,168
- Living Area: 1,168 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Gas, Natural Gas
- Cooling: Central Air
- Flooring: Carpet
- Interior Features: Central Vacuum, Window Treatments
- Exterior Features: Deck
- Parking Features: Attached, Garage, One Car Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Concrete
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jon Lipovac • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #699895
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.