3409 84th 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
Investment property for sale in Urbandale at 3409 84th St, Urbandale, IA, 50322 uses $77,903 cash to close to unlock $8,160/yr annual cash flow and $680/mo monthly cash flow. Total monthly income runs $2,206/mo, and a $1,150/mo payment keeps the spread at $680/mo. Purchase price stands at $235,000, and rental yield measures 11.26% with $2,206/mo rent. Return on cash invested shows 30.38% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 159.39% and total cumulative return in cash records $124,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,206/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 2011
1,611 sqft 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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