312 W 1st StGladbrookIA50635
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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 Gladbrook at 312 W 1st St, Gladbrook, IA, 50635 with 5% annual appreciation on a $152,900 basis while $0/mo rent supports operations. 59% in year one. Equity gained on principal adds $987/yr, and five-year appreciation sums $42,243 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $748/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50635, Gladbrook, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 779 (100%) |
| Owner Occupied HU | 565 (72.5%) |
| Renter Occupied HU | 94 (12.1%) |
| Vacant Housing Units | 120 (15.4%) |
| Median Home Value | $186,648 |
| Average Home Value | $225,376 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
337
Multi-Family
39
Businesses
29
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Listed by: Duane Petty • Century 21 Signature Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327098
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