1370 SE Menlo DrWaukeeIA50263
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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 Waukee at 1370 SE Menlo Dr, Waukee, IA, 50263 at $471,700 posts ROI 13.56% with from $2,336/mo rent. Total monthly income equals $2,336/mo. Return on cash invested measures 13.56% and rental yield reads 5.94% at the current $471,700. Equity gained on principal adds $3,044/yr, and 5% annual appreciation supports $130,322 by year five. Five-year ROI prints 69.48% and total cumulative return in cash totals $108,639. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,336/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Housing Distribution
Address Breakdown
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
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