1459 Indigo Dr SE, Altoona, IA, 50009 | $383/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1459 Indigo Dr SE, Altoona, IA, 50009 | $383/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1440 sft

756 Knolls Ct, West Des Moines, IA, 50265

3 Bed
2 Bath
1767 sft

3923 Maquoketa Dr, Des Moines, IA, 50311

3 Bed
3 Bath
1597 sft

5580 Cedar Dr, Pleasant Hill, IA, 50327

3 Bed
1 Bath
1471 sft

4009 SW 26th St, Des Moines, IA, 50321

Nearby investment properties with comparable prices

4 Bed
2 Bath
884 sft

3831 40th St, Des Moines, IA, 50310

2 Bed
2 Bath
1156 sft

1271 E 34th St, Des Moines, IA, 50317

4 Bed
2 Bath
1139 sft

3124 Valdez Dr, Des Moines, IA, 50310

3 Bed
3 Bath
1288 sft

3913 29th St, Des Moines, IA, 50310

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Altoona at 1459 Indigo Dr SE, Altoona, IA, 50009 uses $96,102 cash to close to unlock $4,598/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,419/mo payment keeps the spread at $383/mo. Purchase price stands at $289,900, and rental yield measures 9.38% with $2,266/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 128.92% and total cumulative return in cash records $123,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Condo

Built in 2015

5,793 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious 3 beds, 3 baths ranch townhome in a quiet neighborhood. The primary has a large walk-in closet with an attached bath. The 2nd bedroom, also on the main level, is on the opposite side of the home, ensuring privacy for guests & family members. The finished lower level includes a third bedroom and bath. The main level features beautiful new laminate wood flooring throughout, and new tiles in the baths & laundry rooms. In the vaulted living room is a warm corner gas fireplace that includes a new blower to keep you toasty warm through the winter months. All the appliances will stay for the new owner, including stove, microwave and refrigerator. The washer, dryer, and dishwasher were purchased within the last year and are also included with the home. HOA covers building maintenance, insurance, internet, lawn care, and snow removal for a care-free lifestyle. Call for a showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50009, Altoona, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,219 (100%)
Owner Occupied HU	6,552 (64.1%)
Renter Occupied HU	3,043 (29.8%)
Vacant Housing Units	624 ( 6.1%)
Median Home Value	$318,899
Average Home Value	$345,433