404 3rd Ave SWWest BendIA50597
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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 West Bend at 404 3rd Ave SW, West Bend, IA, 50597 earns $56/mo cash flow from $1,342/mo rent with a $969/mo payment. Total monthly income totals $1,342/mo, and annual cash flow totals $674/yr on $65,637 capital. ROI tracks 20.94% on current figures, and rental yield reads 8.13% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 108.82% and total cumulative return in cash sums $71,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,342/mo property income instead of your personal income.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50597, West Bend, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 421 (75.7%) |
| Renter Occupied HU | 93 (16.7%) |
| Vacant Housing Units | 42 ( 7.6%) |
| Median Home Value | $177,404 |
| Average Home Value | $240,125 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
270
Multi-Family
34
Businesses
71
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