1990 10th Ave N, Fort Dodge, IA, 50501 | $419/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Dodge at 1990 10th Ave N, Fort Dodge, IA, 50501 offers a 11.82% rental yield on a $124,900 purchase with $1,230/mo rent. Total monthly income registers $1,230/mo, and a $611/mo payment leaves $419/mo available for distribution. Annual cash flow reaches $5,030/yr on $41,404 to close, and return on cash invested stands at 32.06% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 168.5% and total cumulative return in cash at $69,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

7,840 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