11658 W 99th St SPrairie CityIA50228
Nearby investment properties with comparable rents
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
Investment property for sale in Prairie City at 11658 W 99th St S, Prairie City, IA, 50228 earns $76/mo cash flow from $2,089/mo rent with a $1,517/mo payment. Total monthly income totals $2,089/mo, and annual cash flow totals $912/yr on $102,765 capital. ROI tracks 20.8% on current figures, and rental yield reads 8.09% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 107.99% and total cumulative return in cash sums $110,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,089/mo property income instead of your personal income.
Single Family
Built in 2016
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50228, Prairie City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 753 (73.4%) |
| Renter Occupied HU | 212 (20.7%) |
| Vacant Housing Units | 61 ( 5.9%) |
| Median Home Value | $204,457 |
| Average Home Value | $234,641 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
749
Multi-Family
0
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paula Mahnke • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #718291
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.