1615 8th Ave SFort DodgeIA50501
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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 Dodge at 1615 8th Ave S, Fort Dodge, IA, 50501 listed at $125,800 pairs $1,571/mo rent with a $616/mo payment to leave $754/mo cash flow. Total monthly income runs $1,571/mo, and annual cash flow reaches $9,045/yr on $41,703 cash to close. Return on cash invested measures 41.6% in year one, and rental yield registers 14.99% at a $125,800 basis. Equity gained on principal adds $812/yr, and annual property appreciation at 5% supports $34,756 by year five. Five-year ROI tracks 219.59% and total cumulative return in cash totals $91,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,571/mo property income relative to a $616/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1907
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50501, Fort Dodge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,107 (100%) |
| Owner Occupied HU | 7,476 (57.0%) |
| Renter Occupied HU | 3,971 (30.3%) |
| Vacant Housing Units | 1,660 (12.7%) |
| Median Home Value | $161,154 |
| Average Home Value | $209,301 |
Housing Distribution
Address Breakdown
Residential
12,306
Single Family
11,143
Multi-Family
1,163
Businesses
1,207
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Listed by: N/A • N/A
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