931 Geiser StLarchwoodIA51241
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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 Larchwood at 931 Geiser St, Larchwood, IA, 51241 uses $61,328 cash to close to unlock $288/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $1,225/mo, and a $905/mo payment keeps the spread at $24/mo. Purchase price stands at $185,000, and rental yield measures 7.95% with $1,225/mo rent. Return on cash invested shows 20.38% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 105.74% and total cumulative return in cash records $64,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,225/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51241, Larchwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 783 (100%) |
| Owner Occupied HU | 621 (79.3%) |
| Renter Occupied HU | 113 (14.4%) |
| Vacant Housing Units | 49 ( 6.3%) |
| Median Home Value | $328,198 |
| Average Home Value | $331,272 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
560
Multi-Family
24
Businesses
52
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