1012 Twin Pines DrIda GroveIA51445
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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 Ida Grove at 1012 Twin Pines Dr, Ida Grove, IA, 51445 offers a 10.6% rental yield on a $150,000 purchase with $1,325/mo rent. Total monthly income registers $1,325/mo, and a $734/mo payment leaves $351/mo available for distribution. Annual cash flow reaches $4,212/yr on $49,725 to close, and return on cash invested stands at 28.38% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 148.62% and total cumulative return in cash at $73,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,325/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51445, Ida Grove, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 863 (61.8%) |
| Renter Occupied HU | 354 (25.3%) |
| Vacant Housing Units | 180 (12.9%) |
| Median Home Value | $139,096 |
| Average Home Value | $178,786 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,187
Multi-Family
52
Businesses
140
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