202 Beneke StPocahontasIA50574
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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 202 Beneke St, Pocahontas, IA, 50574 uses $74,588 cash to close to unlock $1,212/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $1,562/mo, and a $1,101/mo payment keeps the spread at $101/mo. Purchase price stands at $225,000, and rental yield measures 8.33% with $1,562/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 111.94% and total cumulative return in cash records $83,493. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,562/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.40 Acres 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 Provider:
Mls ID: #830469
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.