909 S 8th AveVintonIA52349
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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 Vinton at 909 S 8th Ave, Vinton, IA, 52349 uses $56,189 cash to close to unlock $5,422/yr annual cash flow and $452/mo monthly cash flow. Total monthly income runs $1,553/mo, and a $830/mo payment keeps the spread at $452/mo. Purchase price stands at $169,500, and rental yield measures 10.99% with $1,553/mo rent. Return on cash invested shows 29.56% in year one, and 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 155% and total cumulative return in cash records $87,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $830/mo payment rather than investor’s personal income.
Single Family
Built in 1901
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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