1306 Madison Pl SEOrange CityIA51041
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 Orange City at 1306 Madison Pl SE, Orange City, IA, 51041 at $399,000 posts ROI 23.68% with $416/mo cash flow from $3,007/mo rent. Total monthly income equals $3,007/mo, and annual cash flow records $4,987/yr on $132,269 to close. Return on cash invested measures 23.68% and rental yield reads 9.04% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 123.47% and total cumulative return in cash totals $163,310.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,007/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51041, Orange City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,694 (100%) |
| Owner Occupied HU | 1,956 (72.6%) |
| Renter Occupied HU | 585 (21.7%) |
| Vacant Housing Units | 153 ( 5.7%) |
| Median Home Value | $278,455 |
| Average Home Value | $309,011 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,408
Multi-Family
178
Businesses
271
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Nearby investment properties with comparable prices
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