1308 235th StNodawayIA50857
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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 Nodaway at 1308 235th St, Nodaway, IA, 50857 listed at $350,000 pairs $1,681/mo rent with a $1,713/mo payment. Total monthly income runs $1,681/mo. Return on cash invested measures 13.79% in year one, and rental yield registers 5.76% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 70.4% and total cumulative return in cash totals $81,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,681/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50857, Nodaway, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 90 (63.4%) |
| Renter Occupied HU | 22 (15.5%) |
| Vacant Housing Units | 30 (21.1%) |
| Median Home Value | $159,375 |
| Average Home Value | $225,000 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
4
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