Iowa AveMount PleasantIA52641
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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 Mount Pleasant at Iowa Ave, Mount Pleasant, IA, 52641 listed at $299,292 pairs $720/mo rent with a $1,465/mo payment. Total monthly income runs $720/mo. Return on cash invested measures 5.11% in year one, and rental yield registers 2.89% at a $299,292 basis. Equity gained on principal adds $1,931/yr, and annual property appreciation at 5% supports $82,689 by year five. Five-year ROI tracks 23.89% and total cumulative return in cash totals $23,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $720/mo property income relative to a $1,465/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
40.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52641, Mount Pleasant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,051 (100%) |
| Owner Occupied HU | 3,191 (63.2%) |
| Renter Occupied HU | 1,428 (28.3%) |
| Vacant Housing Units | 432 ( 8.6%) |
| Median Home Value | $175,163 |
| Average Home Value | $210,482 |
Housing Distribution
Address Breakdown
Residential
4,848
Single Family
4,458
Multi-Family
390
Businesses
517
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Nearby investment properties with comparable prices
Listed by: Doug Hensley • Hertz Real Estate Services
Mls Name: NoCoast MLS
Mls ID: #6331607