832 E Main StCentral CityIA52214
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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 Central City at 832 E Main St, Central City, IA, 52214 uses $64,643 cash to close to unlock $1,728/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,410/mo, and a $954/mo payment keeps the spread at $144/mo. Purchase price stands at $195,000, and rental yield measures 8.68% with $1,410/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 117.54% and total cumulative return in cash records $75,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,410/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52214, Central City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 1,081 (74.7%) |
| Renter Occupied HU | 236 (16.3%) |
| Vacant Housing Units | 130 ( 9.0%) |
| Median Home Value | $283,036 |
| Average Home Value | $354,877 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,093
Multi-Family
39
Businesses
67
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Listed by: Jaime Burczek-PSN Homes • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506057
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.