2525 Belmont BlvdWaukeeIA50263
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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 2525 Belmont Blvd, Waukee, IA, 50263 with 5% annual appreciation on a $979,900 basis while $4,772/mo rent supports operations. 61% in year one. Equity gained on principal adds $6,323/yr, and five-year appreciation sums $270,728 alongside rental yield of 5.84%. Five-year ROI measures 69.61% and total cumulative return in cash totals $224,429. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,772/mo property income versus a $4,796/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
0.42 Acres lot
$N/A/sqft
$300 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: Erika Hansen • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls Provider:
Mls ID: #716318
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.