5908 Sutton Pl APT 1UrbandaleIA50322
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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
Rental property for sale in Urbandale at 5908 Sutton Pl APT 1, Urbandale, IA, 50322 generates $1,412/mo in rent and, after a $685/mo payment, leaves $298/mo in cash flow. Total monthly income is $1,412/mo, and annual cash flow is $3,576/yr on $46,410 invested. Return on cash invested sits at 27.61% in year one, and rental yield is 12.1% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 146.47% and total cumulative return in cash sums $67,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,412/mo property income rather than buyer’s personal income.
Condo
Built in 2002
4,922 sqft lot
$N/A/sqft
$205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
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Listed by: KRZYSZTOF (CHRIS K.) CHRZASZCZ • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls Provider:
Mls ID: #721090
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