209 W Jefferson St #17, Winterset, IA, 50273 | 5.58% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Winterset at 209 W Jefferson St #17, Winterset, IA, 50273 generates $977/mo in rent, after a $1,028/mo payment. Total monthly income is $977/mo. Return on cash invested sits at 10.22% in year one, and rental yield is 5.58% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 52.37% and total cumulative return in cash sums $36,460. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $977/mo property income rather than buyer’s personal income.

Condo

Built in 1996

N/A lot

$N/A/sqft

$175 monthly HOA

More details about the property

Welcome to this South Facing Corner bright and beautiful condo, the perfect blend of style, comfort, and convenience. This cozy space offers a warm, inviting atmosphere with ample natural light flooding through large windows, creating an airy, peaceful retreat. Enjoy the ease of a modern, low-maintenance lifestyle, with no outdoor upkeep required. Whether youre relaxing inside or entertaining friends, this home ensures a stress-free living experience. Located in a prime location, it offers both tranquility and the convenience of nearby amenities, making it an ideal choice for anyone seeking comfort without the hassle of traditional homeownership. 1 block from the amazing downtown square of Winterset, perfect time to move in and enjoy walking downtown every Saturday to enjoy the farmers market or enjoy the best bakery in the midwest, actually voted 3rd in the nation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,968 (100%)
Owner Occupied HU	2,692 (67.8%)
Renter Occupied HU	911 (23.0%)
Vacant Housing Units	365 ( 9.2%)
Median Home Value	$228,438
Average Home Value	$301,850