802 E 12th StVintonIA52349
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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 Vinton at 802 E 12th St, Vinton, IA, 52349 uses $71,438 cash to close to unlock $4,094/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,741/mo, and a $1,055/mo payment keeps the spread at $341/mo. Purchase price stands at $215,500, and rental yield measures 9.69% with $1,741/mo rent. Return on cash invested shows 25.64% in year one, and 5% annual appreciation builds toward $59,539 over five years. Five-year ROI reaches 134.03% and total cumulative return in cash records $95,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,741/mo property income covering a $1,055/mo payment rather than investor’s personal income.
Single Family
Built in 1973
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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