504 Cork Dr NWCascadeIA52033
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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 Cascade at 504 Cork Dr NW, Cascade, IA, 52033 listed at $549,000 pairs $822/mo rent with a $2,687/mo payment. Total monthly income runs $822/mo. Return on cash invested measures 1.83% in year one, and rental yield registers 1.8% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 6.29% and total cumulative return in cash totals $11,360. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $822/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52033, Cascade, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,113 (72.6%) |
| Renter Occupied HU | 315 (20.5%) |
| Vacant Housing Units | 106 ( 6.9%) |
| Median Home Value | $269,817 |
| Average Home Value | $322,707 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,013
Multi-Family
126
Businesses
116
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Listed by: Steve Besler • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151587
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.