245 1st Ave SEBadgerIA50516
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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 Badger at 245 1st Ave SE, Badger, IA, 50516 uses $46,244 cash to close to unlock $4,090/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,247/mo, and a $683/mo payment keeps the spread at $341/mo. Purchase price stands at $139,500, and rental yield measures 10.73% with $1,247/mo rent. Return on cash invested shows 28.75% in year one, and 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 150.71% and total cumulative return in cash records $69,693. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,247/mo property income covering a $683/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50516, Badger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 304 (100%) |
| Owner Occupied HU | 256 (84.2%) |
| Renter Occupied HU | 29 ( 9.5%) |
| Vacant Housing Units | 19 ( 6.2%) |
| Median Home Value | $190,152 |
| Average Home Value | $260,410 |
Housing Distribution
Address Breakdown
Residential
178
Single Family
178
Multi-Family
0
Businesses
12
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