0 Warren StDe SotoIA50069
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
Rental property for sale in De Soto at 0 Warren St, De Soto, IA, 50069 priced at $152,900 converts $1,346/mo rent into $353/mo cash flow after a $748/mo obligation. Total monthly income equals $1,346/mo, and annual cash flow totals $4,240/yr on $50,686 invested. Return on cash invested prints 28.27% in year one, and rental yield reads 10.56% against a $152,900 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation compiles into $42,243 by year five. Five-year ROI reaches 148.17% and total cumulative return in cash sums $75,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,346/mo property income covering a $748/mo payment, not borrower’s personal income.
Lot
Built in N/A
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50069, De Soto, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 353 (82.5%) |
| Renter Occupied HU | 55 (12.9%) |
| Vacant Housing Units | 20 ( 4.7%) |
| Median Home Value | $419,792 |
| Average Home Value | $401,069 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
324
Multi-Family
0
Businesses
46
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Listed by: Rick Madden • Madden Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #674732
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.