2027 N 28th StFort DodgeIA50501
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 Fort Dodge at 2027 N 28th St, Fort Dodge, IA, 50501 offers a 8.69% rental yield on a $209,900 purchase with $1,520/mo rent. Total monthly income registers $1,520/mo, and a $1,027/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,886/yr on $69,582 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 117.82% and total cumulative return in cash at $81,980. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,520/mo property income against a $1,027/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 |
Housing Distribution
Address Breakdown
Residential
12,306
Single Family
11,143
Multi-Family
1,163
Businesses
1,207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Anderson • Coldwell Banker Associated Realtors
Mls Name: Fort Dodge BOR
Mls ID: #26495