2749 22nd Ave N, Fort Dodge, IA, 50501 | $344/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1324 sft

28 5th Ave NW, Dayton, IA, 50530

3 Bed
2 Bath
1632 sft

602 6th Ave S, Humboldt, IA, 50548

3 Bed
2 Bath
2018 sft

714 Walnut St, Webster City, IA, 50595

3 Bed
2 Bath
1728 sft

301 Walnut St, Webster City, IA, 50595

Nearby investment properties with comparable prices

3 Bed
2 Bath
988 sft

2601 20th Ave N, Fort Dodge, IA, 50501

3 Bed
2 Bath
1430 sft

1433 Williams Dr, Fort Dodge, IA, 50501

3 Bed
2 Bath
1652 sft

1661 N 30th St, Fort Dodge, IA, 50501

4 Bed
2 Bath
1442 sft

2603 16th Ave N, Fort Dodge, IA, 50501

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Dodge at 2749 22nd Ave N, Fort Dodge, IA, 50501 uses $79,394 cash to close to unlock $4,131/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $1,909/mo, and a $1,172/mo payment keeps the spread at $344/mo. Purchase price stands at $239,500, and rental yield measures 9.56% with $1,909/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $66,169 over five years. Five-year ROI reaches 131.26% and total cumulative return in cash records $104,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,909/mo property income covering a $1,172/mo payment rather than investor’s personal income.

Single Family

Built in N/A

9,147 sqft 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