404 Cedar DrPellaIA50219
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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 Pella at 404 Cedar Dr, Pella, IA, 50219 listed at $489,000 pairs $3,000/mo rent with a $2,393/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 18.61% in year one, and rental yield registers 7.36% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 96.29% and total cumulative return in cash totals $156,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
10,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
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