606 Maple AveWoodwardIA50276
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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 Woodward at 606 Maple Ave, Woodward, IA, 50276 generates $870/mo in rent, after a $1,028/mo payment. Total monthly income is $870/mo. Return on cash invested sits at 11.39% in year one, and rental yield is 4.97% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 57.56% and total cumulative return in cash sums $40,072. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50276, Woodward, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 729 (75.2%) |
| Renter Occupied HU | 182 (18.8%) |
| Vacant Housing Units | 58 ( 6.0%) |
| Median Home Value | $268,145 |
| Average Home Value | $343,916 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
37
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