503 Smith StWoodburnIA50275
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
Investment property for sale in Woodburn at 503 Smith St, Woodburn, IA, 50275 earns $217/mo cash flow from $1,308/mo rent with a $822/mo payment. Total monthly income totals $1,308/mo, and annual cash flow totals $2,606/yr on $55,692 capital. ROI tracks 24.59% on current figures, and rental yield reads 9.34% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 128.41% and total cumulative return in cash sums $71,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,308/mo property income instead of your personal income.
Single Family
Built in 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50275, Woodburn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 266 (100%) |
| Owner Occupied HU | 190 (71.4%) |
| Renter Occupied HU | 28 (10.5%) |
| Vacant Housing Units | 48 (18.0%) |
| Median Home Value | $262,500 |
| Average Home Value | $382,645 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Presley Sparks • Iowa Realty Indianola
Mls Name: DMMLS
Mls Provider:
Mls ID: #708957
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.