230 Schumacher Blvd, Denver, IA, 50622 | 6.62% 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

Total monthly income runs $1,748/mo, and a $1,552/mo payment. Purchase price stands at $317,000, and rental yield measures 6.62% with $1,748/mo rent. Return on cash invested shows 16.36% in year one, and 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 84.19% and total cumulative return in cash records $88,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,748/mo property income covering a $1,552/mo payment rather than investor’s personal income.

Townhouse

Built in 2013

10,454 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 50622, Denver, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,488 (100%)
Owner Occupied HU	1,195 (80.3%)
Renter Occupied HU	201 (13.5%)
Vacant Housing Units	92 ( 6.2%)
Median Home Value	$256,884
Average Home Value	$285,308