4503 62nd 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
Investment property for sale in Urbandale at 4503 62nd St, Urbandale, IA, 50322 earns $410/mo cash flow from $2,260/mo rent with a $1,394/mo payment. Total monthly income totals $2,260/mo, and annual cash flow totals $4,922/yr on $94,444 capital. ROI tracks 25.12% on current figures, and rental yield reads 9.52% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 131.23% and total cumulative return in cash sums $123,935. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,260/mo property income instead of your personal income.
Single Family
Built in 1967
9,452 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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