407 1st StDumontIA50625
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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 Dumont at 407 1st St, Dumont, IA, 50625 earns $178/mo cash flow from $1,120/mo rent with a $710/mo payment. Total monthly income totals $1,120/mo, and annual cash flow totals $2,136/yr on $48,068 capital. ROI tracks 24.35% on current figures, and rental yield reads 9.27% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 127.06% and total cumulative return in cash sums $61,076. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,120/mo property income instead of your personal income.
Single Family
Built in 1880
7,840 sqft 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
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