Walton C Plan, Oxley Creek WestGrangerIA50109
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
Rental property for sale in Granger at Walton C Plan, Oxley Creek West, Granger, IA, 50109 priced at $356,500 converts $1,690/mo rent into after a $1,745/mo obligation. Total monthly income equals $1,690/mo. Return on cash invested prints 13.56% in year one, and rental yield reads 5.69% against a $356,500 entry. Equity gained on principal adds $2,300/yr, while 5% annual appreciation compiles into $98,494 by year five. Five-year ROI reaches 69.19% and total cumulative return in cash sums $81,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,690/mo property income covering a $1,745/mo payment, not borrower’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices