125 1st 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
Rental property for sale in Rockwell City at 125 1st St, Rockwell City, IA, 50579 priced at $230,000 converts $2,182/mo rent into $688/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,182/mo, and annual cash flow totals $8,256/yr on $76,245 invested. Return on cash invested prints 30.74% in year one, and rental yield reads 11.38% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 161.28% and total cumulative return in cash sums $122,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,182/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.31 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: Shelly Hartwig • FC Realty 4U
Mls Name: Fort Dodge BOR
Mls ID: #23292