266 N Grant 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
Rental property for sale in Rockwell City at 266 N Grant St, Rockwell City, IA, 50579 priced at $112,000 pairs $0/mo rent with after a $548/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.59% in year one, and rental yield stands at 0% on a $112,000 basis. Equity gained on principal adds $723/yr, and 5% annual appreciation accumulates to $30,944 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $548/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10,497 sqft 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Trista Wuebker • Decker and Company Real Estate
Mls Name: Fort Dodge BOR
Mls ID: #26399