407 S 11th StDunlapIA51529
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
Investment property for sale in Dunlap at 407 S 11th St, Dunlap, IA, 51529 offers a 10.38% rental yield on a $249,000 purchase with $2,153/mo rent. Total monthly income registers $2,153/mo, and a $1,219/mo payment leaves $536/mo available for distribution. Annual cash flow reaches $6,427/yr on $82,544 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 145.01% and total cumulative return in cash at $119,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,153/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51529, Dunlap, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 544 (66.5%) |
| Renter Occupied HU | 175 (21.4%) |
| Vacant Housing Units | 99 (12.1%) |
| Median Home Value | $195,536 |
| Average Home Value | $227,707 |
Housing Distribution
Address Breakdown
Residential
748
Single Family
735
Multi-Family
13
Businesses
77
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