722 3rd AveDe WittIA52742
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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 De Witt at 722 3rd Ave, De Witt, IA, 52742 earns $21/mo cash flow from $1,703/mo rent with a $1,268/mo payment. Total monthly income totals $1,703/mo, and annual cash flow totals $247/yr on $85,859 capital. ROI tracks 20.2% on current figures, and rental yield reads 7.89% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 104.8% and total cumulative return in cash sums $89,980. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,703/mo property income instead of your personal income.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52742, De Witt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,409 (72.3%) |
| Renter Occupied HU | 728 (21.9%) |
| Vacant Housing Units | 193 ( 5.8%) |
| Median Home Value | $273,680 |
| Average Home Value | $299,149 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
3,080
Multi-Family
128
Businesses
291
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Listed by: Andrew Petersen • Central Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262348
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.