2714 N 28th StFort DodgeIA50501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort Dodge at 2714 N 28th St, Fort Dodge, IA, 50501 listed at $315,900 pairs $2,435/mo rent with a $1,546/mo payment to leave $237/mo cash flow. Total monthly income runs $2,435/mo, and annual cash flow reaches $2,840/yr on $104,721 cash to close. Return on cash invested measures 22.62% in year one, and rental yield registers 9.25% at a $315,900 basis. Equity gained on principal adds $2,038/yr, and annual property appreciation at 5% supports $87,277 by year five. Five-year ROI tracks 118.39% and total cumulative return in cash totals $123,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,435/mo property income relative to a $1,546/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50501, Fort Dodge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,107 (100%) |
| Owner Occupied HU | 7,476 (57.0%) |
| Renter Occupied HU | 3,971 (30.3%) |
| Vacant Housing Units | 1,660 (12.7%) |
| Median Home Value | $161,154 |
| Average Home Value | $209,301 |
Housing Distribution
Address Breakdown
Residential
12,306
Single Family
11,143
Multi-Family
1,163
Businesses
1,207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abby Hausmann-Virgil • Keller Williams- Ankeny Metro
Mls Name: CIBR
Mls Provider:
Mls ID: #65423
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.