908 2nd AveDurantIA52747
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 Durant at 908 2nd Ave, Durant, IA, 52747 generates $1,849/mo in rent, after a $2,765/mo payment. Total monthly income is $1,849/mo. Return on cash invested sits at 8.31% in year one, and rental yield is 3.93% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 41.01% and total cumulative return in cash sums $76,239. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,849/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52747, Durant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 948 (100%) |
| Owner Occupied HU | 729 (76.9%) |
| Renter Occupied HU | 173 (18.2%) |
| Vacant Housing Units | 46 ( 4.9%) |
| Median Home Value | $234,124 |
| Average Home Value | $270,120 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
602
Multi-Family
15
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices