201 Spring StDundeeIA52038
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
Investment property for sale in Dundee at 201 Spring St, Dundee, IA, 52038 offers a 9.37% rental yield on a $179,900 purchase with $1,405/mo rent. Total monthly income registers $1,405/mo, and a $881/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,834/yr on $59,637 to close, and return on cash invested stands at 24.66% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 128.8% and total cumulative return in cash at $76,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,405/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52038, Dundee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 180 (78.9%) |
| Renter Occupied HU | 23 (10.1%) |
| Vacant Housing Units | 25 (11.0%) |
| Median Home Value | $300,000 |
| Average Home Value | $306,736 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices