3100 64th StUrbandaleIA50322
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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 Urbandale at 3100 64th St, Urbandale, IA, 50322 uses $74,588 cash to close to unlock $4,740/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $1,101/mo payment keeps the spread at $395/mo. Purchase price stands at $225,000, and rental yield measures 9.9% with $1,856/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 137.31% and total cumulative return in cash records $102,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
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