921 Woodland AveRicevilleIA50466
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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 Riceville at 921 Woodland Ave, Riceville, IA, 50466 listed at $319,500 pairs $2,072/mo rent with a $1,564/mo payment. Total monthly income runs $2,072/mo. Return on cash invested measures 19.87% in year one, and rental yield registers 7.78% at a $319,500 basis. Equity gained on principal adds $2,062/yr, and annual property appreciation at 5% supports $88,272 by year five. Five-year ROI tracks 103.06% and total cumulative return in cash totals $109,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,072/mo property income relative to a $1,564/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50466, Riceville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 743 (100%) |
| Owner Occupied HU | 543 (73.1%) |
| Renter Occupied HU | 128 (17.2%) |
| Vacant Housing Units | 72 ( 9.7%) |
| Median Home Value | $191,016 |
| Average Home Value | $305,948 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
601
Multi-Family
18
Businesses
49
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