1520 Westwood DrPellaIA50219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pella at 1520 Westwood Dr, Pella, IA, 50219 earns $239/mo cash flow from $2,934/mo rent with a $2,031/mo payment. Total monthly income totals $2,934/mo, and annual cash flow totals $2,868/yr on $137,573 capital. ROI tracks 21.99% on current figures, and rental yield reads 8.48% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 114.41% and total cumulative return in cash sums $157,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,934/mo property income instead of your personal income.
Single Family
Built in 1978
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices