1604 14th St SEOrange CityIA51041
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
Rental property for sale in Orange City at 1604 14th St SE, Orange City, IA, 51041 generates $2,420/mo in rent and, after a $1,405/mo payment, leaves $556/mo in cash flow. Total monthly income is $2,420/mo, and annual cash flow is $6,670/yr on $95,141 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 10.12% on a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 140.83% and total cumulative return in cash sums $133,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51041, Orange City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,694 (100%) |
| Owner Occupied HU | 1,956 (72.6%) |
| Renter Occupied HU | 585 (21.7%) |
| Vacant Housing Units | 153 ( 5.7%) |
| Median Home Value | $278,455 |
| Average Home Value | $309,011 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,408
Multi-Family
178
Businesses
271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Doughan • Real Broker, LLC
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #826856
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.