13 S Bow DrCherokeeIA51012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cherokee at 13 S Bow Dr, Cherokee, IA, 51012 offers a 8.67% rental yield on a $199,500 purchase with $1,442/mo rent. Total monthly income registers $1,442/mo, and a $976/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,762/yr on $66,134 to close, and return on cash invested stands at 22.57% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 117.54% and total cumulative return in cash at $77,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,442/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51012, Cherokee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,089 (100%) |
| Owner Occupied HU | 1,995 (64.6%) |
| Renter Occupied HU | 801 (25.9%) |
| Vacant Housing Units | 293 ( 9.5%) |
| Median Home Value | $181,510 |
| Average Home Value | $214,591 |
Housing Distribution
Address Breakdown
Residential
2,842
Single Family
2,479
Multi-Family
363
Businesses
342
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