505 W M StForest CityIA50436
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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
Total monthly income runs $1,154/mo, and a $954/mo payment. Purchase price stands at $194,900, and rental yield measures 7.11% with $1,154/mo rent. Return on cash invested shows 17.83% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 92.15% and total cumulative return in cash records $59,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,154/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50436, Forest City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,699 (65.1%) |
| Renter Occupied HU | 621 (23.8%) |
| Vacant Housing Units | 290 (11.1%) |
| Median Home Value | $170,746 |
| Average Home Value | $209,498 |
Housing Distribution
Address Breakdown
Residential
2,366
Single Family
2,185
Multi-Family
181
Businesses
242
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Listed by: JOE CHODUR • Holtz Realty
Mls Name: Greater Mason BOR
Mls ID: #250555