13565 S 60th Ave WMitchellvilleIA50169
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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 Mitchellville at 13565 S 60th Ave W, Mitchellville, IA, 50169 listed at $949,500 pairs $2,465/mo rent with a $4,647/mo payment. Total monthly income runs $2,465/mo. Return on cash invested measures 5.84% in year one, and rental yield registers 3.12% at a $949,500 basis. Equity gained on principal adds $6,127/yr, and annual property appreciation at 5% supports $262,329 by year five. Five-year ROI tracks 27.78% and total cumulative return in cash totals $86,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,465/mo property income relative to a $4,647/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
5.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50169, Mitchellville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 887 (76.5%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 69 ( 6.0%) |
| Median Home Value | $309,928 |
| Average Home Value | $321,812 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
962
Multi-Family
42
Businesses
34
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Listed by: Pennie Carroll • Pennie Carroll & Associates
Mls Name: DMMLS
Mls Provider:
Mls ID: #720495
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.