204 2nd Ave SWPocahontasIA50574
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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
Rental property for sale in Pocahontas at 204 2nd Ave SW, Pocahontas, IA, 50574 priced at $132,000 pairs $1,030/mo rent with $173/mo cash flow after a $646/mo payment. Total monthly income equals $1,030/mo, and annual cash flow comes to $2,074/yr on $43,758 invested. Return on cash invested is 24.65% in year one, and rental yield stands at 9.36% on a $132,000 basis. Equity gained on principal adds $852/yr, and 5% annual appreciation accumulates to $36,469 by year five. Five-year ROI measures 128.66% and total cumulative return in cash reaches $56,299. For financing, Ziffy Mortgage’s DSCR program evaluates $1,030/mo property income against a $646/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1913
0.32 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: #828347
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.