Elbow Creek RdMount VernonIA52314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mount Vernon at Elbow Creek Rd, Mount Vernon, IA, 52314 earns from $1,020/mo rent with a $9,532/mo payment. Total monthly income totals $1,020/mo. ROI tracks -1.74% on current figures, and rental yield reads 0.63% at a $1,947,555 purchase. Equity gained on principal adds $12,567/yr, and 5% annual appreciation supports $538,074 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.
Single Family
Built in N/A
114.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52314, Mount Vernon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,143 (100%) |
| Owner Occupied HU | 1,617 (75.5%) |
| Renter Occupied HU | 379 (17.7%) |
| Vacant Housing Units | 147 ( 6.9%) |
| Median Home Value | $330,475 |
| Average Home Value | $363,694 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
1,944
Multi-Family
68
Businesses
186
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Nearby investment properties with comparable prices
Listed by: Doug Hensley • Hertz Real Estate Services
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6327628