95 Franklin StCenter PointIA52213
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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 Center Point at 95 Franklin St, Center Point, IA, 52213 uses $77,903 cash to close to unlock $3,804/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,150/mo payment keeps the spread at $317/mo. Purchase price stands at $235,000, and rental yield measures 9.41% with $1,843/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash records $100,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52213, Center Point, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,476 (81.3%) |
| Renter Occupied HU | 241 (13.3%) |
| Vacant Housing Units | 99 ( 5.5%) |
| Median Home Value | $296,561 |
| Average Home Value | $399,499 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,600
Multi-Family
0
Businesses
77
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Listed by: Heather Morris • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406472
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.