106 5th Ave NNorthwoodIA50459
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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
Rental property for sale in Northwood at 106 5th Ave N, Northwood, IA, 50459 priced at $354,900 pairs $3,269/mo rent with $964/mo cash flow after a $1,737/mo payment. Total monthly income equals $3,269/mo, and annual cash flow comes to $11,570/yr on $117,649 invested. Return on cash invested is 29.74% in year one, and rental yield stands at 11.05% on a $354,900 basis. Equity gained on principal adds $2,290/yr, and 5% annual appreciation accumulates to $98,052 by year five. Five-year ROI measures 156% and total cumulative return in cash reaches $183,532. For financing, Ziffy Mortgage’s DSCR program evaluates $3,269/mo property income against a $1,737/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
10,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50459, Northwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,430 (100%) |
| Owner Occupied HU | 1,017 (71.1%) |
| Renter Occupied HU | 280 (19.6%) |
| Vacant Housing Units | 133 ( 9.3%) |
| Median Home Value | $164,982 |
| Average Home Value | $208,373 |
Housing Distribution
Address Breakdown
Residential
1,321
Single Family
1,217
Multi-Family
104
Businesses
135
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