910 K AveGrundy CenterIA50638
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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 Grundy Center at 910 K Ave, Grundy Center, IA, 50638 listed at $170,000 pairs $1,240/mo rent with a $832/mo payment to leave $136/mo cash flow. Total monthly income runs $1,240/mo, and annual cash flow reaches $1,632/yr on $56,355 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 8.75% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 118.75% and total cumulative return in cash totals $66,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,240/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50638, Grundy Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,557 (100%) |
| Owner Occupied HU | 1,140 (73.2%) |
| Renter Occupied HU | 312 (20.0%) |
| Vacant Housing Units | 105 ( 6.7%) |
| Median Home Value | $185,860 |
| Average Home Value | $215,191 |
Housing Distribution
Address Breakdown
Residential
1,429
Single Family
1,429
Multi-Family
0
Businesses
150
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Listed by: Samantha Mears • Structure Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20260362