12609 Airline AveUrbandaleIA50323
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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 Urbandale at 12609 Airline Ave, Urbandale, IA, 50323 uses $139,197 cash to close to unlock $3,196/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $3,010/mo, and a $2,055/mo payment keeps the spread at $266/mo. Purchase price stands at $419,900, and rental yield measures 8.6% with $3,010/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash records $160,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,010/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 2001
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50323, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,564 (100%) |
| Owner Occupied HU | 5,486 (83.6%) |
| Renter Occupied HU | 803 (12.2%) |
| Vacant Housing Units | 275 ( 4.2%) |
| Median Home Value | $452,309 |
| Average Home Value | $516,808 |
Housing Distribution
Address Breakdown
Residential
6,701
Single Family
6,582
Multi-Family
119
Businesses
393
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Listed by: Misty Darling • BH&G Real Estate Innovations
Mls Name: DMMLS
Mls Provider:
Mls ID: #719655
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.