1024 S 25th StFort DodgeIA50501
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 1024 S 25th St, Fort Dodge, IA, 50501 in Fort Dodge, $110,000, 9.48% gross yield, $155/mo net income. Consider it a market-entry position, the $1,099/mo rent covers the $495/mo payment with a margin, and 5%/yr appreciation is projected to add $30,391 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.22) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $66,565.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $155 | $150 |
City averages based on Fort Dodge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,099 |
| Total Monthly Debt Service | $671 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
8,712 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 |
Housing Distribution
Address Breakdown
Residential
12,306
Single Family
11,143
Multi-Family
1,163
Businesses
1,207
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
Single Family
Built in N/A
8,712 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 |
Housing Distribution
Address Breakdown
Residential
12,306
Single Family
11,143
Multi-Family
1,163
Businesses
1,207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Lee • Eastwood Realty LLC
Mls Name: Fort Dodge BOR
Mls Provider:
Mls ID: #26233
Disclaimer: Copyright Fort Dodge Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.