414 S 1st StOgdenIA50212
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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 Ogden at 414 S 1st St, Ogden, IA, 50212 offers $1,640/mo rent that, after a $871/mo payment, leaves $484/mo cash flow. Total monthly income is $1,640/mo, and annual cash flow is $5,810/yr on $59,007 cash. Return on cash invested measures 29.76% in year one, and rental yield stands at 11.06% at a $178,000 entry. Equity gained on principal adds $1,149/yr while 5% annual appreciation compounds into $49,178 by year five. Five-year ROI records 156.1% and total cumulative return in cash reaches $92,113. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,640/mo property income versus a $871/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Nate Nerem • Nerem & Associates
Mls Name: CIBR
Mls Provider:
Mls ID: #67259
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.