244 Highway 71 S #E27Arnolds ParkIA51331
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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
Total monthly income runs $1,680/mo, and a $2,985/mo payment. Purchase price stands at $609,900, and rental yield measures 3.31% with $1,680/mo rent. Return on cash invested shows 5.22% in year one, and 5% annual appreciation builds toward $168,504 over five years. Five-year ROI reaches 24.92% and total cumulative return in cash records $50,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $2,985/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51331, Arnolds Park, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,499 (100%) |
| Owner Occupied HU | 472 (31.5%) |
| Renter Occupied HU | 123 ( 8.2%) |
| Vacant Housing Units | 904 (60.3%) |
| Median Home Value | $423,944 |
| Average Home Value | $515,339 |
Housing Distribution
Address Breakdown
Residential
347
Single Family
347
Multi-Family
0
Businesses
112
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Listed by: Mary Lynn Ingvall • Ingvall Real Estate Team
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #240404
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.