123 E Main StRockwell CityIA50579
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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 Rockwell City at 123 E Main St, Rockwell City, IA, 50579 earns $143/mo cash flow from $824/mo rent with a $513/mo payment. Total monthly income totals $824/mo, and annual cash flow totals $1,718/yr on $34,774 capital. ROI tracks 24.85% on current figures, and rental yield reads 9.43% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 129.91% and total cumulative return in cash sums $45,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $824/mo property income instead of your personal income.
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50579, Rockwell City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 811 (65.4%) |
| Renter Occupied HU | 220 (17.7%) |
| Vacant Housing Units | 210 (16.9%) |
| Median Home Value | $114,366 |
| Average Home Value | $186,107 |
Housing Distribution
Address Breakdown
Residential
1,067
Single Family
975
Multi-Family
92
Businesses
116
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Listed by: Kyle Olson • Exit Realty Frontier
Mls Name: Fort Dodge BOR
Mls Provider:
Mls ID: #26170
Disclaimer: Copyright Fort Dodge Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.