9854 F Ave, Wapello, IA, 52653 | 5.95% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wapello at 9854 F Ave, Wapello, IA, 52653 offers a 5.95% rental yield on a $183,964 purchase with $912/mo rent. 35% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,826 over five years. Portfolio math shows five-year ROI at 73.48% and total cumulative return in cash at $44,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $912/mo property income against a $900/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

0.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 52653, Wapello, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,632 (100%)
Owner Occupied HU	1,125 (68.9%)
Renter Occupied HU	269 (16.5%)
Vacant Housing Units	238 (14.6%)
Median Home Value	$157,972
Average Home Value	$196,427