1433 Avenue DFort MadisonIA52627
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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 Fort Madison at 1433 Avenue D, Fort Madison, IA, 52627 uses $40,940 cash to close to unlock $1,721/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $945/mo, and a $604/mo payment keeps the spread at $143/mo. Purchase price stands at $123,500, and rental yield measures 9.18% with $945/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $34,121 over five years. Five-year ROI reaches 125.84% and total cumulative return in cash records $51,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $945/mo property income covering a $604/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52627, Fort Madison, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 3,809 (64.1%) |
| Renter Occupied HU | 1,362 (22.9%) |
| Vacant Housing Units | 768 (12.9%) |
| Median Home Value | $150,116 |
| Average Home Value | $194,161 |
Housing Distribution
Address Breakdown
Residential
5,523
Single Family
5,161
Multi-Family
362
Businesses
481
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Listed by: Kara L Morrow • KLM Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329012
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.