1406 River StIowa FallsIA50126
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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 Iowa Falls at 1406 River St, Iowa Falls, IA, 50126 uses $37,758 cash to close to unlock $489/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $780/mo, and a $557/mo payment keeps the spread at $41/mo. Purchase price stands at $113,900, and rental yield measures 8.22% with $780/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $31,468 over five years. Five-year ROI reaches 110.22% and total cumulative return in cash records $41,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $780/mo property income covering a $557/mo payment rather than investor’s personal income.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50126, Iowa Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,928 (62.2%) |
| Renter Occupied HU | 779 (25.1%) |
| Vacant Housing Units | 391 (12.6%) |
| Median Home Value | $134,118 |
| Average Home Value | $157,281 |
Housing Distribution
Address Breakdown
Residential
2,960
Single Family
2,739
Multi-Family
221
Businesses
386
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Listed by: Jason Jedele • Homestead Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6330923