320 Oak StFarnhamvilleIA50538
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
Investment property for sale in Farnhamville at 320 Oak St, Farnhamville, IA, 50538 offers a 7.98% rental yield on a $149,900 purchase with $997/mo rent. Total monthly income registers $997/mo, and a $734/mo payment leaves $23/mo available for distribution. Annual cash flow reaches $278/yr on $49,692 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 106.32% and total cumulative return in cash at $52,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $997/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50538, Farnhamville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 269 (100%) |
| Owner Occupied HU | 182 (67.7%) |
| Renter Occupied HU | 54 (20.1%) |
| Vacant Housing Units | 33 (12.3%) |
| Median Home Value | $150,000 |
| Average Home Value | $169,203 |
Housing Distribution
Address Breakdown
Residential
113
Single Family
113
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Reggie Kopecky • Exit Realty Frontier
Mls Name: Fort Dodge BOR
Mls Provider:
Mls ID: #26385
Disclaimer: Copyright Fort Dodge Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.