470 Dam RdArnolds ParkIA51331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,680/mo, and a $6,843/mo payment. Purchase price stands at $1,398,000, and rental yield measures 1.44% with $1,680/mo rent. Return on cash invested shows 0.77% in year one, and 5% annual appreciation builds toward $386,242 over five years. Five-year ROI reaches 0.51% and total cumulative return in cash records $2,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $6,843/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51331, Arnolds Park, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,499 (100%) |
| Owner Occupied HU | 472 (31.5%) |
| Renter Occupied HU | 123 ( 8.2%) |
| Vacant Housing Units | 904 (60.3%) |
| Median Home Value | $423,944 |
| Average Home Value | $515,339 |
Housing Distribution
Address Breakdown
Residential
347
Single Family
347
Multi-Family
0
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marilyn Strickland • Hoien Realty
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250653
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.