422 W North StWintersetIA50273
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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 Winterset at 422 W North St, Winterset, IA, 50273 with 5% annual appreciation on a $188,700 basis while $1,337/mo rent supports operations. Total monthly income totals $1,337/mo and a $924/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,333/yr on $62,554 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $1,218/yr, and five-year appreciation sums $52,134 alongside rental yield of 8.5%. Five-year ROI measures 114.74% and total cumulative return in cash totals $71,772.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,337/mo property income versus a $924/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1905
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Housing Distribution
Address Breakdown
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
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Listed by: Rachelle Klocko • Iowa Realty Ankeny
Mls Name: DMMLS
Mls Provider:
Mls ID: #697094
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.