2327 20th Ave N, Fort Dodge, IA, 50501 | $542/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1880 sft

1310 N 13th St, Fort Dodge, IA, 50501

3 Bed
3 Bath
1135 sft

528 S 21st St, Fort Dodge, IA, 50501

4 Bed
2 Bath
1644 sft

217 E Center Ave, Badger, IA, 50516

3 Bed
1 Bath
1862 sft

1543 Vincent Ave, Vincent, IA, 50594

Nearby investment properties with comparable prices

3 Bed
2 Bath
960 sft

1630 11th St, Manson, IA, 50563

4 Bed
2 Bath
1840 sft

707 1st Ave S, Humboldt, IA, 50548

3 Bed
2 Bath
960 sft

219 4th Ave N, Fort Dodge, IA, 50501

2 Bed
3 Bath
1206 sft

1114 Pleasant St, Gowrie, IA, 50543

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Dodge at 2327 20th Ave N, Fort Dodge, IA, 50501 uses $56,322 cash to close to unlock $6,508/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $1,651/mo, and a $832/mo payment keeps the spread at $542/mo. Purchase price stands at $169,900, and rental yield measures 11.66% with $1,651/mo rent. Return on cash invested shows 31.46% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 165.32% and total cumulative return in cash records $93,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,651/mo property income covering a $832/mo payment rather than investor’s personal income.

Single Family

Built in N/A

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 50501, Fort Dodge, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,107 (100%)
Owner Occupied HU	7,476 (57.0%)
Renter Occupied HU	3,971 (30.3%)
Vacant Housing Units	1,660 (12.7%)
Median Home Value	$161,154
Average Home Value	$209,301