115 S Main StDundeeIA52038
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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 Dundee at 115 S Main St, Dundee, IA, 52038 earns $225/mo cash flow from $1,232/mo rent with a $759/mo payment. Total monthly income totals $1,232/mo, and annual cash flow totals $2,700/yr on $51,383 capital. ROI tracks 25.16% on current figures, and rental yield reads 9.54% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 131.42% and total cumulative return in cash sums $67,528. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,232/mo property income instead of your personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52038, Dundee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 180 (78.9%) |
| Renter Occupied HU | 23 (10.1%) |
| Vacant Housing Units | 25 (11.0%) |
| Median Home Value | $300,000 |
| Average Home Value | $306,736 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
7
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