605 Parkdale Dr UNIT 1InwoodIA51240
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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 Inwood at 605 Parkdale Dr UNIT 1, Inwood, IA, 51240 earns $238/mo cash flow from $1,744/mo rent with a $1,003/mo payment. Total monthly income totals $1,744/mo, and annual cash flow totals $2,856/yr on $67,958 capital. ROI tracks 24.11% on current figures, and rental yield reads 10.21% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 126.88% and total cumulative return in cash sums $86,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,744/mo property income instead of your personal income.
Condo
Built in 2006
1.16 Acres lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51240, Inwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 566 (79.2%) |
| Renter Occupied HU | 94 (13.1%) |
| Vacant Housing Units | 55 ( 7.7%) |
| Median Home Value | $244,000 |
| Average Home Value | $306,811 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
405
Multi-Family
10
Businesses
56
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Listed by: Craig R Bruggeman • Bruggeman Realty
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22503710
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