11925 Meadow Springs DrJohnstonIA50131
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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
Total monthly income runs $1,675/mo, and a $9,030/mo payment. Purchase price stands at $1,845,000, and rental yield measures 1.09% with $1,675/mo rent. Return on cash invested shows -0.36% in year one, and 5% annual appreciation builds toward $509,739 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,675/mo property income covering a $9,030/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
$250 yearly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50131, Johnston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,023 (100%) |
| Owner Occupied HU | 6,701 (60.8%) |
| Renter Occupied HU | 3,542 (32.1%) |
| Vacant Housing Units | 780 ( 7.1%) |
| Median Home Value | $379,844 |
| Average Home Value | $438,587 |
Housing Distribution
Address Breakdown
Residential
10,452
Single Family
8,790
Multi-Family
1,662
Businesses
712
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Listed by: Jen Schuller • Iowa Realty- Mills Crossing
Mls Name: CIBR
Mls Provider:
Mls ID: #69073
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.