1111 Cottonwood StGowrieIA50543
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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
Investment Highlights
Rental property for sale in Gowrie at 1111 Cottonwood St, Gowrie, IA, 50543 priced at $168,600 pairs $1,496/mo rent with $401/mo cash flow after a $825/mo payment. Total monthly income equals $1,496/mo, and annual cash flow comes to $4,815/yr on $55,891 invested. Return on cash invested is 28.52% in year one, and rental yield stands at 10.65% on a $168,600 basis. Equity gained on principal adds $1,088/yr, and 5% annual appreciation accumulates to $46,581 by year five. Five-year ROI measures 149.52% and total cumulative return in cash reaches $83,570. For financing, Ziffy Mortgage’s DSCR program evaluates $1,496/mo property income against a $825/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
6,969 sqft 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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