313 NE 5th StPocahontasIA50574
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
Rental property for sale in Pocahontas at 313 NE 5th St, Pocahontas, IA, 50574 priced at $100,000 converts $782/mo rent into $133/mo cash flow after a $489/mo obligation. Total monthly income equals $782/mo, and annual cash flow totals $1,596/yr on $33,150 invested. Return on cash invested prints 24.72% in year one, and rental yield reads 9.38% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 129.03% and total cumulative return in cash sums $42,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $782/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.36 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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Nearby investment properties with comparable prices
Listed by: Mandy Zwiefel • Century 21 Signature Real Estate
Mls Name: Fort Dodge BOR
Mls ID: #24776