LOT 2 W Holmans RdMount VernonIA52314
Nearby investment properties with comparable rents
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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 Vernon at LOT 2 W Holmans Rd, Mount Vernon, IA, 52314 at $334,620 posts ROI 18.78% with from $2,069/mo rent. Total monthly income equals $2,069/mo. Return on cash invested measures 18.78% and rental yield reads 7.42% at the current $334,620. Equity gained on principal adds $2,159/yr, and 5% annual appreciation supports $92,449 by year five. Five-year ROI prints 97.19% and total cumulative return in cash totals $107,805. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,069/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
18.59 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: Paul Pate, III • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508638