301 Southwoods DrNevadaIA50201
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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 Nevada at 301 Southwoods Dr, Nevada, IA, 50201 uses $67,958 cash to close to unlock $1,732/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $1,003/mo payment keeps the spread at $144/mo. Purchase price stands at $205,000, and rental yield measures 8.73% with $1,492/mo rent. Return on cash invested shows 22.46% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash records $79,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Townhouse
Built in 1995
N/A lot
$N/A/sqft
$200 annually HOA
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Listed by: Misty Metschke • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #66089
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.