1198 360th StGowrieIA50543
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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 Gowrie at 1198 360th St, Gowrie, IA, 50543 listed at $239,670 pairs $1,294/mo rent with a $1,173/mo payment. Total monthly income runs $1,294/mo. Return on cash invested measures 15.94% in year one, and rental yield registers 6.48% at a $239,670 basis. Equity gained on principal adds $1,547/yr, and annual property appreciation at 5% supports $66,216 by year five. Five-year ROI tracks 82.01% and total cumulative return in cash totals $65,155. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,294/mo property income relative to a $1,173/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50543, Gowrie, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 633 (100%) |
| Owner Occupied HU | 434 (68.6%) |
| Renter Occupied HU | 122 (19.3%) |
| Vacant Housing Units | 77 (12.2%) |
| Median Home Value | $168,421 |
| Average Home Value | $283,041 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
47
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