4617 Durow RdCenter PointIA52213
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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 Center Point at 4617 Durow Rd, Center Point, IA, 52213 generates $750/mo in rent, after a $2,053/mo payment. Total monthly income is $750/mo. Return on cash invested sits at 2.87% in year one, and rental yield is 2.15% on a $419,500 entry. Equity gained on principal adds $2,707/yr, while 5% annual appreciation builds toward $115,900 over five years. Five-year ROI reaches 11.89% and total cumulative return in cash sums $16,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $750/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52213, Center Point, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,476 (81.3%) |
| Renter Occupied HU | 241 (13.3%) |
| Vacant Housing Units | 99 ( 5.5%) |
| Median Home Value | $296,561 |
| Average Home Value | $399,499 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,600
Multi-Family
0
Businesses
77
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Listed by: Doug Hensley • Hertz Real Estate Services
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333031