412 Dickens StParkersburgIA50665
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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 Parkersburg at 412 Dickens St, Parkersburg, IA, 50665 uses $79,527 cash to close to unlock $434/yr annual cash flow and $36/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $1,174/mo payment keeps the spread at $36/mo. Purchase price stands at $239,900, and rental yield measures 7.97% with $1,594/mo rent. Return on cash invested shows 20.45% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 106.22% and total cumulative return in cash records $84,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50665, Parkersburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 1,008 (74.4%) |
| Renter Occupied HU | 236 (17.4%) |
| Vacant Housing Units | 111 ( 8.2%) |
| Median Home Value | $229,118 |
| Average Home Value | $246,528 |
Housing Distribution
Address Breakdown
Residential
1,177
Single Family
1,118
Multi-Family
59
Businesses
98
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Listed by: Joyce Harrenstein • Schuck Realty Company
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20260010