1107 310th StGowrieIA50543
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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 Gowrie at 1107 310th St, Gowrie, IA, 50543 earns $622/mo cash flow from $1,498/mo rent with a $660/mo payment. Total monthly income totals $1,498/mo, and annual cash flow totals $7,466/yr on $44,719 capital. ROI tracks 36.6% on current figures, and rental yield reads 13.33% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 192.87% and total cumulative return in cash sums $86,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,498/mo property income instead of your personal income.
Single Family
Built in 1973
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50543, Gowrie, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 633 (100%) |
| Owner Occupied HU | 434 (68.6%) |
| Renter Occupied HU | 122 (19.3%) |
| Vacant Housing Units | 77 (12.2%) |
| Median Home Value | $168,421 |
| Average Home Value | $283,041 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
47
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Listed by: STEVEN CAMERONA • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls Provider:
Mls ID: #695760
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.