4313 69th StUrbandaleIA50322
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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 Urbandale at 4313 69th St, Urbandale, IA, 50322 generates $1,975/mo in rent and, after a $1,419/mo payment, leaves $92/mo in cash flow. Total monthly income is $1,975/mo, and annual cash flow is $1,106/yr on $96,102 invested. Return on cash invested sits at 21.06% in year one, and rental yield is 8.18% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 109.46% and total cumulative return in cash sums $105,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,975/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
10,323 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
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Listed by: Joanne May • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #718030
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.