474 E Jensen StNewellIA50568
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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 Newell at 474 E Jensen St, Newell, IA, 50568 with 5% annual appreciation on a $364,900 basis while $3,130/mo rent supports operations. Total monthly income totals $3,130/mo and a $1,786/mo payment preserves $705/mo for cash returns. Annual cash flow comes to $8,458/yr on $120,964 deployed, and return on cash invested reaches 26.9% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,815 alongside rental yield of 10.29%. Five-year ROI measures 140.94% and total cumulative return in cash totals $170,484.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,130/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50568, Newell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 444 (78.7%) |
| Renter Occupied HU | 96 (17.0%) |
| Vacant Housing Units | 24 ( 4.3%) |
| Median Home Value | $154,286 |
| Average Home Value | $221,374 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
34
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Listed by: Bethany Mortenson • Signature Real Estate Group of Iowa
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828000
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.