1406 1st Ave NFort DodgeIA50501
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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
Total monthly income runs $887/mo, and a $680/mo payment. Purchase price stands at $139,000, and rental yield measures 7.66% with $887/mo rent. Return on cash invested shows 19.51% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 101.12% and total cumulative return in cash records $46,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $887/mo property income covering a $680/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50501, Fort Dodge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,107 (100%) |
| Owner Occupied HU | 7,476 (57.0%) |
| Renter Occupied HU | 3,971 (30.3%) |
| Vacant Housing Units | 1,660 (12.7%) |
| Median Home Value | $161,154 |
| Average Home Value | $209,301 |
Housing Distribution
Address Breakdown
Residential
12,306
Single Family
11,143
Multi-Family
1,163
Businesses
1,207
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Listed by: Dave Essing • Fort Dodge Realty
Mls Name: Fort Dodge BOR
Mls ID: #26532