301 1st Ave NWWest BendIA50597
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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 West Bend at 301 1st Ave NW, West Bend, IA, 50597 uses $61,328 cash to close to unlock $3,432/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $1,487/mo, and a $905/mo payment keeps the spread at $286/mo. Purchase price stands at $185,000, and rental yield measures 9.65% with $1,487/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 133.24% and total cumulative return in cash records $81,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,487/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1909
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50597, West Bend, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 421 (75.7%) |
| Renter Occupied HU | 93 (16.7%) |
| Vacant Housing Units | 42 ( 7.6%) |
| Median Home Value | $177,404 |
| Average Home Value | $240,125 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
270
Multi-Family
34
Businesses
71
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