119 S Woodward AveFredericksburgIA50630
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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 Fredericksburg at 119 S Woodward Ave, Fredericksburg, IA, 50630 offers a 7.28% rental yield on a $169,000 purchase with $1,025/mo rent. 36% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 94.94% and total cumulative return in cash at $53,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,025/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50630, Fredericksburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 565 (73.4%) |
| Renter Occupied HU | 138 (17.9%) |
| Vacant Housing Units | 67 ( 8.7%) |
| Median Home Value | $218,646 |
| Average Home Value | $220,447 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
516
Multi-Family
11
Businesses
44
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Listed by: Danielle Tiemessen • Cedar Valley Property Solutions-New Hampton
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20253354