919 E 3rd StVintonIA52349
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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
Rental property for sale in Vinton at 919 E 3rd St, Vinton, IA, 52349 generates $1,018/mo in rent and, after a $612/mo payment, leaves $158/mo in cash flow. Total monthly income is $1,018/mo, and annual cash flow is $1,894/yr on $41,438 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 9.77% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.3% and total cumulative return in cash sums $53,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,018/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
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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Listed by: Scott Schlarbaum • Schlarbaum Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2405905
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.