401 Cedar StDumontIA50625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dumont at 401 Cedar St, Dumont, IA, 50625 priced at $170,000 converts $1,372/mo rent into $268/mo cash flow after a $832/mo obligation. Total monthly income equals $1,372/mo, and annual cash flow totals $3,216/yr on $56,355 invested. Return on cash invested prints 25.62% in year one, and rental yield reads 9.68% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 133.83% and total cumulative return in cash sums $75,417. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,372/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50625, Dumont, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 437 (100%) |
| Owner Occupied HU | 320 (73.2%) |
| Renter Occupied HU | 74 (16.9%) |
| Vacant Housing Units | 43 ( 9.8%) |
| Median Home Value | $81,429 |
| Average Home Value | $115,906 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn A Plendl • Abbott Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327174
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.