4001 2nd Ave SW, Altoona, IA, 50009 | $330/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4001 2nd Ave SW, Altoona, IA, 50009 | $330/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Altoona at 4001 2nd Ave SW, Altoona, IA, 50009 generates $2,700/mo in rent and, after a $1,786/mo payment, leaves $330/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $3,960/yr on $120,994 invested. Return on cash invested sits at 23.18% in year one, and rental yield is 8.88% on a $364,990 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,840 over five years. Five-year ROI reaches 120.83% and total cumulative return in cash sums $146,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Step inside 4001 2nd Ave SW in Stonebridge, Altoona, Iowa - a two-story home with 4 bedrooms, 2.5 baths, 2,053 sq. ft. of living space. The open-concept living, kitchen, and dining areas flow seamlessly, while all bedrooms are upstairs for added privacy. Just inside the front door is a versatile flex room - ideal for a home office, playroom, or formal dining. A guest bath and staircase connect the main and upper levels. The living room features an electric fireplace and large windows for abundant natural light. The adjacent dining area has sliding glass doors, and the kitchen offers white cabinetry, a large walk-in pantry, stainless steel appliances, and a spacious island perfect for casual dining. Upstairs, a central laundry room sits near three secondary bedrooms, a full bath, and linen storage. The primary suite, located at the front over the garage, includes a double vanity bath, walk-in shower, private water closet, and two walk-in closets. Tour Stonebridge in Altoona today! This home is currently under construction. Photos and video may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50009, Altoona, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,219 (100%)
Owner Occupied HU	6,552 (64.1%)
Renter Occupied HU	3,043 (29.8%)
Vacant Housing Units	624 ( 6.1%)
Median Home Value	$318,899
Average Home Value	$345,433