13518 King Rd, La Porte City, IA, 50651 | 6.94% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,423/mo, and a $2,051/mo payment. Purchase price stands at $419,000, and rental yield measures 6.94% with $2,423/mo rent. Return on cash invested shows 17.33% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 89.42% and total cumulative return in cash records $124,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,423/mo property income covering a $2,051/mo payment rather than investor’s personal income.

Single Family

Built in 1966

3 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 50651, La Porte City, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,708 (100%)
Owner Occupied HU	1,300 (76.1%)
Renter Occupied HU	271 (15.9%)
Vacant Housing Units	137 ( 8.0%)
Median Home Value	$223,575
Average Home Value	$247,537