1002 5th Ave N, Fort Dodge, IA, 50501 | $974/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Dodge at 1002 5th Ave N, Fort Dodge, IA, 50501 uses $41,438 cash to close to unlock $11,688/yr annual cash flow and $974/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $612/mo payment keeps the spread at $974/mo. Purchase price stands at $125,000, and rental yield measures 17.15% with $1,786/mo rent. Return on cash invested shows 48.12% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 254.48% and total cumulative return in cash records $105,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $612/mo payment rather than investor’s personal income.

Single Family

Built in N/A

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 50501, Fort Dodge, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,107 (100%)
Owner Occupied HU	7,476 (57.0%)
Renter Occupied HU	3,971 (30.3%)
Vacant Housing Units	1,660 (12.7%)
Median Home Value	$161,154
Average Home Value	$209,301