319 2nd Ave SW, Cascade, IA, 52033 | $347/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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319 2nd Ave SW, Cascade, IA, 52033 | $347/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cascade at 319 2nd Ave SW, Cascade, IA, 52033 earns $347/mo cash flow from $1,906/mo rent with a $1,175/mo payment. Total monthly income totals $1,906/mo, and annual cash flow totals $4,164/yr on $79,560 capital. ROI tracks 25.14% on current figures, and rental yield reads 9.53% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 131.3% and total cumulative return in cash sums $104,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,906/mo property income instead of your personal income.

Single Family

Built in 1900

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming and Meticulously Maintained Home! Step into this inviting 4-bedroom, 2-bath home featuring beautiful original woodwork and hardwood flooring in the dining room. The expansive kitchen offers ample storage and workspaceperfect for cooking and entertaining. Main level laundry offers convenience and comfort Seller as well as a mudroom that provides plenty of additional storage. Enjoy your mornings on the covered front porch, or relax on the patio just off the kitchen. The property also includes a newer 2-car detached garage plus an additional 20x20 detached garage, offering abundant space for vehicles, hobbies, or storage. Recent updates include new garbage disposal 11/24, new composite front porch 1/2023, new water heater 12/2020. Seller estimates new roof and gutter guards in 2015, and furnace and AC in 2015. This home truly combines classic charm with modern comfortmove-in ready and waiting for you! Open House Sunday, October 12 from 11:30-1:00pm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52033, Cascade, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,534 (100%)
Owner Occupied HU	1,113 (72.6%)
Renter Occupied HU	315 (20.5%)
Vacant Housing Units	106 ( 6.9%)
Median Home Value	$269,817
Average Home Value	$322,707