406 S 2nd St, Winterset, IA, 50273 | $50/mo Cash Flow

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 Winterset at 406 S 2nd St, Winterset, IA, 50273 generates $1,933/mo in rent and, after a $1,419/mo payment, leaves $50/mo in cash flow. Total monthly income is $1,933/mo, and annual cash flow is $600/yr on $96,135 invested. Return on cash invested sits at 20.53% in year one, and rental yield is 8% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 106.58% and total cumulative return in cash sums $102,460. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,933/mo property income rather than buyer’s personal income.

Manufactured

Built in 1993

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

This is a beautiful home either tons of living space. It is 3 bedrooms 2 bathrooms up stairs. 2 front rooms upstairs as well as a dining room and a huge kitchen. The basement is fully finished with its own bedroom , full bathroom with its own washer dryer hookups, front room, full kitchen, with a office room. Brand new hardwood floors up stairs. And brand new tile downstairs .2 car attached garage with another 2 car garage across the driveway with plenty of parking . Sits on a 2 beautiful corner lots with fenced in yard and 1 block away from the John Wayne Museum.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,968 (100%)
Owner Occupied HU	2,692 (67.8%)
Renter Occupied HU	911 (23.0%)
Vacant Housing Units	365 ( 9.2%)
Median Home Value	$228,438
Average Home Value	$301,850