107 Woodland DrForest CityIA50436
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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 Forest City at 107 Woodland Dr, Forest City, IA, 50436 priced at $231,450 pairs $2,178/mo rent with $630/mo cash flow after a $1,133/mo payment. Total monthly income equals $2,178/mo, and annual cash flow comes to $7,557/yr on $76,726 invested. Return on cash invested is 29.76% in year one, and rental yield stands at 11.29% on a $231,450 basis. Equity gained on principal adds $1,494/yr, and 5% annual appreciation accumulates to $63,945 by year five. Five-year ROI measures 156.32% and total cumulative return in cash reaches $119,934. For financing, Ziffy Mortgage’s DSCR program evaluates $2,178/mo property income against a $1,133/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50436, Forest City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,699 (65.1%) |
| Renter Occupied HU | 621 (23.8%) |
| Vacant Housing Units | 290 (11.1%) |
| Median Home Value | $170,746 |
| Average Home Value | $209,498 |
Housing Distribution
Address Breakdown
Residential
2,366
Single Family
2,185
Multi-Family
181
Businesses
242
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