2315 14th St SWAltoonaIA50009
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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 Altoona at 2315 14th St SW, Altoona, IA, 50009 earns from $2,714/mo rent with a $4,253/mo payment. Total monthly income totals $2,714/mo. ROI tracks 7.68% on current figures, and rental yield reads 3.75% at a $869,000 purchase. Equity gained on principal adds $5,608/yr, and 5% annual appreciation supports $240,089 over five years. Five-year ROI reaches 37.64% and total cumulative return in cash sums $107,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,714/mo property income instead of your personal income.
Single Family
Built in 2020
0.37 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50009, Altoona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,219 (100%) |
| Owner Occupied HU | 6,552 (64.1%) |
| Renter Occupied HU | 3,043 (29.8%) |
| Vacant Housing Units | 624 ( 6.1%) |
| Median Home Value | $318,899 |
| Average Home Value | $345,433 |
Housing Distribution
Address Breakdown
Residential
9,784
Single Family
8,330
Multi-Family
1,454
Businesses
564
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Listed by: Jessica Kiester • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #718811
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.