23013 CayuseGlenwoodIA51534
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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
Rental property for sale in Glenwood at 23013 Cayuse, Glenwood, IA, 51534 generates $2,998/mo in rent and, after a $1,694/mo payment, leaves $751/mo in cash flow. Total monthly income is $2,998/mo, and annual cash flow is $9,017/yr on $114,699 invested. Return on cash invested sits at 27.77% in year one, and rental yield is 10.4% on a $346,000 entry. Equity gained on principal adds $2,233/yr, while 5% annual appreciation builds toward $95,593 over five years. Five-year ROI reaches 145.42% and total cumulative return in cash sums $166,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,998/mo property income rather than buyer’s personal income.
Townhouse
Built in 2
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51534, Glenwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,710 (71.4%) |
| Renter Occupied HU | 742 (19.5%) |
| Vacant Housing Units | 346 ( 9.1%) |
| Median Home Value | $262,868 |
| Average Home Value | $330,174 |
Housing Distribution
Address Breakdown
Residential
3,620
Single Family
3,603
Multi-Family
17
Businesses
225
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