15203 Alpine DrUrbandaleIA50323
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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 Urbandale at 15203 Alpine Dr, Urbandale, IA, 50323 earns $291/mo cash flow from $1,759/mo rent with a $918/mo payment. Total monthly income totals $1,759/mo, and annual cash flow totals $3,492/yr on $62,156 capital. ROI tracks 25.53% on current figures, and rental yield reads 11.26% at a $187,500 purchase. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 over five years. Five-year ROI reaches 135.1% and total cumulative return in cash sums $83,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,759/mo property income instead of your personal income.
Condo
Built in 2005
531 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50323, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,564 (100%) |
| Owner Occupied HU | 5,486 (83.6%) |
| Renter Occupied HU | 803 (12.2%) |
| Vacant Housing Units | 275 ( 4.2%) |
| Median Home Value | $452,309 |
| Average Home Value | $516,808 |
Housing Distribution
Address Breakdown
Residential
6,701
Single Family
6,582
Multi-Family
119
Businesses
393
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Listed by: Julianna Cullen • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #706674
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.