408 School StIowa FallsIA50126
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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 Iowa Falls at 408 School St, Iowa Falls, IA, 50126 with 5% annual appreciation on a $115,900 basis while $892/mo rent supports operations. Total monthly income totals $892/mo and a $567/mo payment preserves $140/mo for cash returns. Annual cash flow comes to $1,675/yr on $38,421 deployed, and return on cash invested reaches 24.27% in year one. Equity gained on principal adds $748/yr, and five-year appreciation sums $32,021 alongside rental yield of 9.24%. Five-year ROI measures 126.69% and total cumulative return in cash totals $48,676.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $892/mo property income versus a $567/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50126, Iowa Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,928 (62.2%) |
| Renter Occupied HU | 779 (25.1%) |
| Vacant Housing Units | 391 (12.6%) |
| Median Home Value | $134,118 |
| Average Home Value | $157,281 |
Housing Distribution
Address Breakdown
Residential
2,960
Single Family
2,739
Multi-Family
221
Businesses
386
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