119 Denison Beach DrLake ViewIA51450
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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 Lake View at 119 Denison Beach Dr, Lake View, IA, 51450 listed at $315,000 pairs $943/mo rent with a $1,542/mo payment. Total monthly income runs $943/mo. Return on cash invested measures 7.23% in year one, and rental yield registers 3.59% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 35.26% and total cumulative return in cash totals $36,821. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $943/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51450, Lake View, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,059 (100%) |
| Owner Occupied HU | 559 (52.8%) |
| Renter Occupied HU | 146 (13.8%) |
| Vacant Housing Units | 354 (33.4%) |
| Median Home Value | $232,843 |
| Average Home Value | $269,038 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
509
Multi-Family
0
Businesses
76
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