412 5th St NEOrange CityIA51041
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 Orange City at 412 5th St NE, Orange City, IA, 51041 earns $232/mo cash flow from $2,018/mo rent with a $1,346/mo payment. Total monthly income totals $2,018/mo, and annual cash flow totals $2,784/yr on $91,163 capital. ROI tracks 22.96% on current figures, and rental yield reads 8.81% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 119.61% and total cumulative return in cash sums $109,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,018/mo property income instead of your personal income.
Single Family
Built in 1964
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51041, Orange City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,694 (100%) |
| Owner Occupied HU | 1,956 (72.6%) |
| Renter Occupied HU | 585 (21.7%) |
| Vacant Housing Units | 153 ( 5.7%) |
| Median Home Value | $278,455 |
| Average Home Value | $309,011 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,408
Multi-Family
178
Businesses
271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Klayton Wielenga • Real Broker, LLC
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831416