324 NE SandalwoodWaukeeIA50263
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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 Waukee at 324 NE Sandalwood, Waukee, IA, 50263 listed at $189,900 pairs $1,478/mo rent with a $929/mo payment to leave $245/mo cash flow. Total monthly income runs $1,478/mo, and annual cash flow reaches $2,942/yr on $62,952 cash to close. Return on cash invested measures 24.58% in year one, and rental yield registers 9.34% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 128.37% and total cumulative return in cash totals $80,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,478/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
531.43 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Housing Distribution
Address Breakdown
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
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