815 County StRidgewayIA52165
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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 Ridgeway at 815 County St, Ridgeway, IA, 52165 generates $1,404/mo in rent and, after a $778/mo payment, leaves $372/mo in cash flow. Total monthly income is $1,404/mo, and annual cash flow is $4,459/yr on $52,709 invested. Return on cash invested sits at 28.37% in year one, and rental yield is 10.6% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 148.64% and total cumulative return in cash sums $78,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,404/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52165, Ridgeway, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 351 (74.8%) |
| Renter Occupied HU | 79 (16.8%) |
| Vacant Housing Units | 39 ( 8.3%) |
| Median Home Value | $321,795 |
| Average Home Value | $422,892 |
Housing Distribution
Address Breakdown
Residential
371
Single Family
371
Multi-Family
0
Businesses
16
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