2370 290th StRockwell CityIA50579
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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 Rockwell City at 2370 290th St, Rockwell City, IA, 50579 listed at $338,180 pairs $1,394/mo rent with a $1,655/mo payment. Total monthly income runs $1,394/mo. Return on cash invested measures 11.32% in year one, and rental yield registers 4.95% at a $338,180 basis. Equity gained on principal adds $2,182/yr, and annual property appreciation at 5% supports $93,433 by year five. Five-year ROI tracks 57.2% and total cumulative return in cash totals $64,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,394/mo property income relative to a $1,655/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
6.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50579, Rockwell City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 811 (65.4%) |
| Renter Occupied HU | 220 (17.7%) |
| Vacant Housing Units | 210 (16.9%) |
| Median Home Value | $114,366 |
| Average Home Value | $186,107 |
Housing Distribution
Address Breakdown
Residential
1,067
Single Family
975
Multi-Family
92
Businesses
116
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Listed by: Jim Green • Green Real Estate & Auction Co.
Mls Name: My State MLS
Mls ID: #11543223