310th Street Co Rd #B16Forest 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
Investment property for sale in Forest City at 310th Street Co Rd #B16, Forest City, IA, 50436 listed at $647,518 pairs $0/mo rent with a $3,169/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.63% in year one, and rental yield registers 0% at a $647,518 basis. Equity gained on principal adds $4,178/yr, and annual property appreciation at 5% supports $178,897 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,169/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
80 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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No similar rental properties found nearby.
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Listed by: Doug Hensley • Hertz Real Estate Services
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6328948