3233 68th StUrbandaleIA50322
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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
Rental property for sale in Urbandale at 3233 68th St, Urbandale, IA, 50322 generates $2,410/mo in rent and, after a $1,708/mo payment, leaves $144/mo in cash flow. Total monthly income is $2,410/mo, and annual cash flow is $1,723/yr on $115,694 invested. Return on cash invested sits at 21.4% in year one, and rental yield is 8.29% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 111.24% and total cumulative return in cash sums $128,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,410/mo property income rather than buyer’s personal income.
Single Family
Built in 1914
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
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