309 NW 9th StPocahontasIA50574
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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 Pocahontas at 309 NW 9th St, Pocahontas, IA, 50574 offers a 11.67% rental yield on a $139,000 purchase with $1,352/mo rent. Total monthly income registers $1,352/mo, and a $680/mo payment leaves $450/mo available for distribution. Annual cash flow reaches $5,395/yr on $46,079 to close, and return on cash invested stands at 31.62% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 166.04% and total cumulative return in cash at $76,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,352/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50574, Pocahontas, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,142 (100%) |
| Owner Occupied HU | 769 (67.3%) |
| Renter Occupied HU | 223 (19.5%) |
| Vacant Housing Units | 150 (13.1%) |
| Median Home Value | $129,435 |
| Average Home Value | $202,058 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
964
Multi-Family
55
Businesses
139
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Listed by: Donna M Hudson • Beam Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls ID: #829804