1409 13th Ave, Belle Plaine, IA, 52208 | 4.6% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Belle Plaine at 1409 13th Ave, Belle Plaine, IA, 52208 offers a 4.6% rental yield on a $265,000 purchase with $1,016/mo rent. 28% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 51.58% and total cumulative return in cash at $45,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,016/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 52208, Belle Plaine, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,417 (100%)
Owner Occupied HU	960 (67.7%)
Renter Occupied HU	258 (18.2%)
Vacant Housing Units	199 (14.0%)
Median Home Value	$120,603
Average Home Value	$170,320