411 Elm StRockwell CityIA50579
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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 Rockwell City at 411 Elm St, Rockwell City, IA, 50579 generates $1,050/mo in rent and, after a $746/mo payment, leaves $60/mo in cash flow. Total monthly income is $1,050/mo, and annual cash flow is $720/yr on $50,554 invested. Return on cash invested sits at 21.33% in year one, and rental yield is 8.26% on a $152,500 entry. Equity gained on principal adds $984/yr, while 5% annual appreciation builds toward $42,133 over five years. Five-year ROI reaches 110.87% and total cumulative return in cash sums $56,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,050/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50579, Rockwell City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 811 (65.4%) |
| Renter Occupied HU | 220 (17.7%) |
| Vacant Housing Units | 210 (16.9%) |
| Median Home Value | $114,366 |
| Average Home Value | $186,107 |
Housing Distribution
Address Breakdown
Residential
1,067
Single Family
975
Multi-Family
92
Businesses
116
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Listed by: Mike Anderson • Decker and Company Real Estate
Mls Name: Fort Dodge BOR
Mls Provider:
Mls ID: #26157
Disclaimer: Copyright Fort Dodge Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.