201 3rd Ave NWPocahontasIA50574
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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 Pocahontas at 201 3rd Ave NW, Pocahontas, IA, 50574 uses $34,808 cash to close to unlock $1,356/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $795/mo, and a $514/mo payment keeps the spread at $113/mo. Purchase price stands at $105,000, and rental yield measures 9.09% with $795/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash records $43,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $795/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1893
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50574, Pocahontas, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,142 (100%) |
| Owner Occupied HU | 769 (67.3%) |
| Renter Occupied HU | 223 (19.5%) |
| Vacant Housing Units | 150 (13.1%) |
| Median Home Value | $129,435 |
| Average Home Value | $202,058 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
964
Multi-Family
55
Businesses
139
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Listed by: Katharine Halligan • Beam Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls ID: #829272