410 W Webster StGoldfieldIA50542
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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
Rental property for sale in Goldfield at 410 W Webster St, Goldfield, IA, 50542 generates $946/mo in rent, after a $1,175/mo payment. Total monthly income is $946/mo. Return on cash invested sits at 10.66% in year one, and rental yield is 4.73% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 53.65% and total cumulative return in cash sums $42,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $946/mo property income rather than buyer’s personal income.
Multi Family
Built in 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50542, Goldfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 418 (100%) |
| Owner Occupied HU | 314 (75.1%) |
| Renter Occupied HU | 61 (14.6%) |
| Vacant Housing Units | 43 (10.3%) |
| Median Home Value | $135,417 |
| Average Home Value | $162,110 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
222
Multi-Family
16
Businesses
27
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