1201 Central AveNorthwoodIA50459
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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 Northwood at 1201 Central Ave, Northwood, IA, 50459 earns $666/mo cash flow from $2,196/mo rent with a $1,153/mo payment. Total monthly income totals $2,196/mo, and annual cash flow totals $7,994/yr on $78,068 capital. ROI tracks 30.15% on current figures, and rental yield reads 11.19% at a $235,500 purchase. Equity gained on principal adds $1,520/yr, and 5% annual appreciation supports $65,064 over five years. Five-year ROI reaches 158.21% and total cumulative return in cash sums $123,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,196/mo property income instead of your personal income.
Single Family
Built in 1917
7,656 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50459, Northwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,430 (100%) |
| Owner Occupied HU | 1,017 (71.1%) |
| Renter Occupied HU | 280 (19.6%) |
| Vacant Housing Units | 133 ( 9.3%) |
| Median Home Value | $164,982 |
| Average Home Value | $208,373 |
Housing Distribution
Address Breakdown
Residential
1,321
Single Family
1,217
Multi-Family
104
Businesses
135
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