235 W K StForest CityIA50436
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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 Forest City at 235 W K St, Forest City, IA, 50436 at $165,000 posts ROI 14.56% with from $1,007/mo rent. Total monthly income equals $1,007/mo. Return on cash invested measures 14.56% and rental yield reads 7.32% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 76.06% and total cumulative return in cash totals $41,603. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,007/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1990
3,920 sqft lot
$N/A/sqft
$134 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50436, Forest City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,699 (65.1%) |
| Renter Occupied HU | 621 (23.8%) |
| Vacant Housing Units | 290 (11.1%) |
| Median Home Value | $170,746 |
| Average Home Value | $209,498 |
Housing Distribution
Address Breakdown
Residential
2,366
Single Family
2,185
Multi-Family
181
Businesses
242
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Listed by: Pat Lovik • Missal Insurance & Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6330565
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.