310 E 1st StWoodwardIA50276
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Woodward at 310 E 1st St, Woodward, IA, 50276 uses $67,958 cash to close to unlock $4,092/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $1,003/mo payment keeps the spread at $341/mo. Purchase price stands at $205,000, and rental yield measures 9.79% with $1,672/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 135.53% and total cumulative return in cash records $92,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50276, Woodward, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 729 (75.2%) |
| Renter Occupied HU | 182 (18.8%) |
| Vacant Housing Units | 58 ( 6.0%) |
| Median Home Value | $268,145 |
| Average Home Value | $343,916 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Milligan • VIA Group, REALTORS
Mls Name: DMMLS
Mls Provider:
Mls ID: #720780
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.