1323 Avenue GFort MadisonIA52627
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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 Fort Madison at 1323 Avenue G, Fort Madison, IA, 52627 with 5% annual appreciation on a $199,500 basis while $1,440/mo rent supports operations. Total monthly income totals $1,440/mo and a $976/mo payment preserves $145/mo for cash returns. Annual cash flow comes to $1,738/yr on $66,134 deployed, and return on cash invested reaches 22.54% in year one. Equity gained on principal adds $1,287/yr, and five-year appreciation sums $55,118 alongside rental yield of 8.66%. Five-year ROI measures 117.34% and total cumulative return in cash totals $77,599.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $976/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1897
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52627, Fort Madison, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 3,809 (64.1%) |
| Renter Occupied HU | 1,362 (22.9%) |
| Vacant Housing Units | 768 (12.9%) |
| Median Home Value | $150,116 |
| Average Home Value | $194,161 |
Housing Distribution
Address Breakdown
Residential
5,523
Single Family
5,161
Multi-Family
362
Businesses
481
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Listed by: Kearstin Mason • Fraise Auction Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326693
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.