1400 Orchard DrCrestonIA50801
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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 Creston at 1400 Orchard Dr, Creston, IA, 50801 offers a 9.79% rental yield on a $241,150 purchase with $1,968/mo rent. Total monthly income registers $1,968/mo, and a $1,180/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,857/yr on $79,941 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $1,556/yr while 5% annual appreciation supports $66,625 over five years. Portfolio math shows five-year ROI at 129.58% and total cumulative return in cash at $103,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,968/mo property income against a $1,180/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
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