104 3rd St SDakota CityIA50529
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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 Dakota City at 104 3rd St S, Dakota City, IA, 50529 offers a 7.65% rental yield on a $149,900 purchase with $956/mo rent. 48% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 101.01% and total cumulative return in cash at $50,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $956/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 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50529, Dakota City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 407 (100%) |
| Owner Occupied HU | 303 (74.4%) |
| Renter Occupied HU | 71 (17.4%) |
| Vacant Housing Units | 33 ( 8.1%) |
| Median Home Value | $153,484 |
| Average Home Value | $170,652 |
Housing Distribution
Address Breakdown
Residential
223
Single Family
220
Multi-Family
3
Businesses
26
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Listed by: Hunter Egdorf • 515 Realty Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #715599
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.