280 Dunham DrWaukeeIA50263
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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 Waukee at 280 Dunham Dr, Waukee, IA, 50263 priced at $557,000 pairs $2,869/mo rent with after a $2,726/mo payment. Total monthly income equals $2,869/mo. Return on cash invested is 14.91% in year one, and rental yield stands at 6.18% on a $557,000 basis. Equity gained on principal adds $3,594/yr, and 5% annual appreciation accumulates to $153,889 by year five. Five-year ROI measures 76.5% and total cumulative return in cash reaches $140,183. For financing, Ziffy Mortgage’s DSCR program evaluates $2,869/mo property income against a $2,726/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
8,712 sqft lot
$N/A/sqft
$465 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: Patrick Elbert • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #722410
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.