305 E A StForest CityIA50436
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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
Total monthly income runs $0/mo, and a $1,270/mo payment. Purchase price stands at $259,500, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -4.38% in year one, and 5% annual appreciation builds toward $71,695 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,270/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50436, Forest City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,699 (65.1%) |
| Renter Occupied HU | 621 (23.8%) |
| Vacant Housing Units | 290 (11.1%) |
| Median Home Value | $170,746 |
| Average Home Value | $209,498 |
Housing Distribution
Address Breakdown
Residential
2,366
Single Family
2,185
Multi-Family
181
Businesses
242
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Listed by: Debra Stevens • Stevens Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326942
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.