800 E Main StManchesterIA52057
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
Rental property for sale in Manchester at 800 E Main St, Manchester, IA, 52057 offers $2,082/mo rent that, after a $1,123/mo payment, leaves $592/mo cash flow. Total monthly income is $2,082/mo, and annual cash flow is $7,102/yr on $76,079 cash. Return on cash invested measures 29.24% in year one, and rental yield stands at 10.89% at a $229,500 entry. Equity gained on principal adds $1,481/yr while 5% annual appreciation compounds into $63,407 by year five. Five-year ROI records 153.29% and total cumulative return in cash reaches $116,622. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,082/mo property income versus a $1,123/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
7,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52057, Manchester, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,586 (69.9%) |
| Renter Occupied HU | 837 (22.6%) |
| Vacant Housing Units | 274 ( 7.4%) |
| Median Home Value | $175,820 |
| Average Home Value | $261,470 |
Housing Distribution
Address Breakdown
Residential
3,632
Single Family
3,379
Multi-Family
253
Businesses
345
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Listed by: Theresa Neuhaus • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls ID: #153650