8204 Mahon CtJohnstonIA50131
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 Johnston at 8204 Mahon Ct, Johnston, IA, 50131 generates $2,818/mo in rent, after a $2,275/mo payment. Total monthly income is $2,818/mo. Return on cash invested sits at 18.19% in year one, and rental yield is 7.27% on a $464,900 entry. Equity gained on principal adds $3,000/yr, while 5% annual appreciation builds toward $128,443 over five years. Five-year ROI reaches 94.06% and total cumulative return in cash sums $144,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,818/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,931 sqft lot
$N/A/sqft
$245 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50131, Johnston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,023 (100%) |
| Owner Occupied HU | 6,701 (60.8%) |
| Renter Occupied HU | 3,542 (32.1%) |
| Vacant Housing Units | 780 ( 7.1%) |
| Median Home Value | $379,844 |
| Average Home Value | $438,587 |
Housing Distribution
Address Breakdown
Residential
10,452
Single Family
8,790
Multi-Family
1,662
Businesses
712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rob Burditt • Hubbell Homes of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #727507
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.