Coolidge Plan, Oxley Creek WestGrangerIA50109
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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 Granger at Coolidge Plan, Oxley Creek West, Granger, IA, 50109 offers $1,690/mo rent that, after a $1,525/mo payment. Total monthly income is $1,690/mo. Return on cash invested measures 16.03% in year one, and rental yield stands at 6.51% at a $311,500 entry. Equity gained on principal adds $2,010/yr while 5% annual appreciation compounds into $86,062 by year five. Five-year ROI records 82.47% and total cumulative return in cash reaches $85,162. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,690/mo property income versus a $1,525/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50109, Granger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 1,277 (86.3%) |
| Renter Occupied HU | 110 ( 7.4%) |
| Vacant Housing Units | 92 ( 6.2%) |
| Median Home Value | $400,512 |
| Average Home Value | $482,952 |
Housing Distribution
Address Breakdown
Residential
1,339
Single Family
1,338
Multi-Family
1
Businesses
69
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