240 NW Lavelle DrWaukeeIA50263
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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 Waukee at 240 NW Lavelle Dr, Waukee, IA, 50263 at $407,000 posts ROI 18.61% with from $2,514/mo rent. Total monthly income equals $2,514/mo. Return on cash invested measures 18.61% and rental yield reads 7.41% at the current $407,000. Equity gained on principal adds $2,626/yr, and 5% annual appreciation supports $112,447 by year five. Five-year ROI prints 96.36% and total cumulative return in cash totals $130,014. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,514/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Housing Distribution
Address Breakdown
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
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Listed by: Tammy Heckart • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #720723
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.