901 E Montgomery StKnoxvilleIA50138
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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 Knoxville at 901 E Montgomery St, Knoxville, IA, 50138 uses $61,991 cash to close to unlock $2,963/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $1,484/mo, and a $915/mo payment keeps the spread at $247/mo. Purchase price stands at $187,000, and rental yield measures 9.52% with $1,484/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 129.03% and total cumulative return in cash records $79,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,484/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1920
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50138, Knoxville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,596 (67.6%) |
| Renter Occupied HU | 1,312 (24.6%) |
| Vacant Housing Units | 415 ( 7.8%) |
| Median Home Value | $202,144 |
| Average Home Value | $259,265 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,661
Multi-Family
493
Businesses
394
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Listed by: Ryan Roberts • Sundance Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #718716
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.