1002 3rd Ave NWPocahontasIA50574
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
Investment property for sale in Pocahontas at 1002 3rd Ave NW, Pocahontas, IA, 50574 earns $686/mo cash flow from $1,890/mo rent with a $894/mo payment. Total monthly income totals $1,890/mo, and annual cash flow totals $8,231/yr on $60,582 capital. ROI tracks 33.5% on current figures, and rental yield reads 12.41% at a $182,751 purchase. Equity gained on principal adds $1,179/yr, and 5% annual appreciation supports $50,491 over five years. Five-year ROI reaches 176.22% and total cumulative return in cash sums $106,756. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,890/mo property income instead of your personal income.
Single Family
Built in 1963
10,170 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50574, Pocahontas, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,142 (100%) |
| Owner Occupied HU | 769 (67.3%) |
| Renter Occupied HU | 223 (19.5%) |
| Vacant Housing Units | 150 (13.1%) |
| Median Home Value | $129,435 |
| Average Home Value | $202,058 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
964
Multi-Family
55
Businesses
139
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Listed by: N/A • N/A
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