213 N Dwight StConradIA50621
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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 Conrad at 213 N Dwight St, Conrad, IA, 50621 at $149,900 posts ROI 30.1% with $422/mo cash flow from $1,396/mo rent. Total monthly income equals $1,396/mo, and annual cash flow records $5,066/yr on $49,692 to close. Return on cash invested measures 30.1% and rental yield reads 11.18% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 158% and total cumulative return in cash totals $78,515.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,396/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50621, Conrad, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 475 (73.8%) |
| Renter Occupied HU | 99 (15.4%) |
| Vacant Housing Units | 70 (10.9%) |
| Median Home Value | $187,924 |
| Average Home Value | $244,595 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
64
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Listed by: jHo Goh • GoSynergy Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #726220
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.