333 Highway 71 N #3EArnolds ParkIA51331
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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 Arnolds Park at 333 Highway 71 N #3E, Arnolds Park, IA, 51331 offers a 1.26% rental yield on a $1,595,000 purchase with $1,680/mo rent. 22% in year one. Equity gained on principal adds $10,292/yr while 5% annual appreciation supports $440,669 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $7,807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51331, Arnolds Park, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,499 (100%) |
| Owner Occupied HU | 472 (31.5%) |
| Renter Occupied HU | 123 ( 8.2%) |
| Vacant Housing Units | 904 (60.3%) |
| Median Home Value | $423,944 |
| Average Home Value | $515,339 |
Housing Distribution
Address Breakdown
Residential
347
Single Family
347
Multi-Family
0
Businesses
112
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Listed by: Michael Jensen • Jensen Real Estate
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #231092
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.