2025 480th StCherokeeIA51012
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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 Cherokee at 2025 480th St, Cherokee, IA, 51012 listed at $859,000 pairs $907/mo rent with a $4,204/mo payment. Total monthly income runs $907/mo. Return on cash invested measures 0.22% in year one, and rental yield registers 1.27% at a $859,000 basis. Equity gained on principal adds $5,543/yr, and annual property appreciation at 5% supports $237,326 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $907/mo property income relative to a $4,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51012, Cherokee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,089 (100%) |
| Owner Occupied HU | 1,995 (64.6%) |
| Renter Occupied HU | 801 (25.9%) |
| Vacant Housing Units | 293 ( 9.5%) |
| Median Home Value | $181,510 |
| Average Home Value | $214,591 |
Housing Distribution
Address Breakdown
Residential
2,842
Single Family
2,479
Multi-Family
363
Businesses
342
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Listed by: Mike D Pitts • Gustafson Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827905
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.