502 Southwoods Dr, Nevada, IA, 50201 | 7.73% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1363 sft

17921 510th Ave, Ames, IA, 50014

3 Bed
2 Bath
1092 sft

1467 Truman Pl, Ames, IA, 50010

3 Bed
1 Bath
905 sft

3301 Garner Ave, Ames, IA, 50010

3 Bed
2 Bath
924 sft

830 Market Ave, Story City, IA, 50248

Nearby investment properties with comparable prices

- Bed
- Bath
1224 sft

1019/1021 N Dakota Ave, Ames, IA, 50014

4 Bed
2 Bath
883 sft

306 Ken Maril Rd, Ames, IA, 50010

- Bed
- Bath
816 sft

216-218 S Franklin Ave, Ames, IA, 50014

3 Bed
2 Bath
1592 sft

306 W 22nd St, Madrid, IA, 50156

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Nevada at 502 Southwoods Dr, Nevada, IA, 50201 priced at $304,900 converts $1,963/mo rent into after a $1,492/mo obligation. Total monthly income equals $1,963/mo. Return on cash invested prints 19.71% in year one, and rental yield reads 7.73% against a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation compiles into $84,238 by year five. Five-year ROI reaches 102.21% and total cumulative return in cash sums $103,310. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,963/mo property income covering a $1,492/mo payment, not borrower’s personal income.

Single Family

Built in 1988

N/A lot

$N/A/sqft

No HOA