Reagan Plan, Grand Ridge EstatesTw6p0j Van MeterIA50038
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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 Tw6p0j Van Meter at Reagan Plan, Grand Ridge Estates, Tw6p0j Van Meter, IA, 50038 with 5% annual appreciation on a $318,500 basis while $1,560/mo rent supports operations. 13% in year one. Equity gained on principal adds $2,055/yr, and five-year appreciation sums $87,996 alongside rental yield of 5.88%. Five-year ROI measures 72.27% and total cumulative return in cash totals $76,308. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,560/mo property income versus a $1,559/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50038, Booneville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 99 (100%) |
| Owner Occupied HU | 70 (70.7%) |
| Renter Occupied HU | 27 (27.3%) |
| Vacant Housing Units | 2 ( 2.0%) |
| Median Home Value | $607,143 |
| Average Home Value | $637,929 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
8
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Listed by: N/A • Greenland Homes IA
Mls Name: Greenland Homes
Mls ID: #N/A