LOT 51 Parkside Knolls

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LOT 51 Parkside Knolls

Moravia, IA 52571
Asking Price
$14K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel totaling 0.21 acres for sale
  • Located within the established Parkside Knolls subdivision in Moravia
  • Asking price for the lot is set at 14000 dollars
  • Positioned in the 52571 zip code area of Iowa
  • Well-suited for new single-family residential development projects

What's Special

Constructing a new residential home on this 0.21-acre land parcel in Moravia, Iowa, presents a straightforward development project for investors or individuals seeking a build-ready site. The lot sits within the Parkside Knolls subdivision, benefiting from the quiet character typical of this growing region in Appanoose County. Residents in Moravia enjoy a community-focused environment with access to regional recreational amenities, including proximity to Lake Rathbun. The location offers a balance of privacy and connection to the surrounding natural landscape while remaining part of the established fabric of the local housing market. This property provides a clean slate for developers looking to add inventory to a suburban setting or for private buyers planning a long-term residential build. With its clear boundaries and size, the lot is well-suited for traditional single-family home designs that maximize the available footprint.

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NOI
$80,000
Cap Rate
571.43%
DSCR
96.25
Strong
Cash-on-Cash
1884.97%
Monthly Payment
$69.264
Annual Cash Flow
$79,168.828

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