117 Edgewood DrWebster CityIA50595
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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 Webster City at 117 Edgewood Dr, Webster City, IA, 50595 priced at $235,000 converts $900/mo rent into after a $1,150/mo obligation. Total monthly income equals $900/mo. Return on cash invested prints 10.27% in year one, and rental yield reads 4.6% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 51.52% and total cumulative return in cash sums $40,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $900/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50595, Webster City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,520 (59.8%) |
| Renter Occupied HU | 1,237 (29.3%) |
| Vacant Housing Units | 458 (10.9%) |
| Median Home Value | $131,392 |
| Average Home Value | $179,494 |
Housing Distribution
Address Breakdown
Residential
3,872
Single Family
3,563
Multi-Family
309
Businesses
346
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Listed by: Holly Weisberg-Louk • Five 1 Five Realty, LLC
Mls Name: NoCoast MLS
Mls ID: #6331049