4227 5th Southwest Ave, Altoona, IA, 50009 | $251/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4227 5th Southwest Ave, Altoona, IA, 50009 | $251/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Altoona at 4227 5th Southwest Ave, Altoona, IA, 50009 offers a 8.71% rental yield on a $329,900 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,615/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,014/yr on $109,362 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 118.06% and total cumulative return in cash at $129,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

6,366 sqft lot

$N/A/sqft

No HOA

More details about the property

Destiny Homes presents the Bourne in Altoona's Stonebridge. The Bourne is a stunning two-story, designed floor plan featuring over 1300 sq ft of living space with 3 bedrooms, 2.5 baths, and a 3-car garage. The living area and kitchen are perfect for entertaining, including a spacious kitchen with soft close Legacy cabinets, quartz countertops, and a large island. The seamless flow between the kitchen, dining, and great room creates a warm and inviting atmosphere. Upstairs, you'll find a luxurious primary suite complete with a walk-in closet and private bath, as well as two additional bedrooms, a full bathroom, and a conveniently located laundry room. The Bourne includes Destiny's 2 Year Builder Warranty for added peace of mind. Take advantage of $2,000 in closing costs with our preferred lender and start your journey to homeownership today! All information obtained from seller and public record.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50009, Altoona, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,219 (100%)
Owner Occupied HU	6,552 (64.1%)
Renter Occupied HU	3,043 (29.8%)
Vacant Housing Units	624 ( 6.1%)
Median Home Value	$318,899
Average Home Value	$345,433