32255 298th StMoorheadIA51558
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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 Moorhead at 32255 298th St, Moorhead, IA, 51558 earns from $2,417/mo rent with a $2,203/mo payment. Total monthly income totals $2,417/mo. ROI tracks 15.84% on current figures, and rental yield reads 6.45% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 81.41% and total cumulative return in cash sums $121,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,417/mo property income instead of your personal income.
Single Family
Built in 2004
9.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51558, Moorhead, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 253 (100%) |
| Owner Occupied HU | 175 (69.2%) |
| Renter Occupied HU | 38 (15.0%) |
| Vacant Housing Units | 40 (15.8%) |
| Median Home Value | $148,958 |
| Average Home Value | $173,329 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
12
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