1001 SW 2nd StEagle GroveIA50533
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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 Eagle Grove at 1001 SW 2nd St, Eagle Grove, IA, 50533 uses $38,951 cash to close to unlock $1,944/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $925/mo, and a $575/mo payment keeps the spread at $162/mo. Purchase price stands at $117,500, and rental yield measures 9.45% with $925/mo rent. Return on cash invested shows 24.9% in year one, and 5% annual appreciation builds toward $32,463 over five years. Five-year ROI reaches 129.98% and total cumulative return in cash records $50,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $925/mo property income covering a $575/mo payment rather than investor’s personal income.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50533, Eagle Grove, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,055 (59.1%) |
| Renter Occupied HU | 562 (31.5%) |
| Vacant Housing Units | 167 ( 9.4%) |
| Median Home Value | $107,788 |
| Average Home Value | $130,524 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,628
Multi-Family
29
Businesses
143
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Listed by: Christina Anderson • EXIT Realty & Associates
Mls Name: DMMLS
Mls ID: #715247