813 East StNew VirginiaIA50210
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
Investment property for sale in New Virginia at 813 East St, New Virginia, IA, 50210 at $359,900 posts ROI 22.36% with $244/mo cash flow from $2,582/mo rent. Total monthly income equals $2,582/mo, and annual cash flow records $2,930/yr on $119,307 to close. Return on cash invested measures 22.36% and rental yield reads 8.61% at the current $359,900. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 by year five. Five-year ROI prints 116.44% and total cumulative return in cash totals $138,926.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,582/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50210, New Virginia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 708 (85.1%) |
| Renter Occupied HU | 73 ( 8.8%) |
| Vacant Housing Units | 51 ( 6.1%) |
| Median Home Value | $348,630 |
| Average Home Value | $398,302 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Kim Cross • BH&G Real Estate Innovations
Mls Name: DMMLS
Mls Provider:
Mls ID: #706852
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.