703 6th StRockwell CityIA50579
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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 $884/mo, and a $729/mo payment. Purchase price stands at $149,000, and rental yield measures 7.12% with $884/mo rent. Return on cash invested shows 17.88% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 92.4% and total cumulative return in cash records $45,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $884/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50579, Rockwell City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 811 (65.4%) |
| Renter Occupied HU | 220 (17.7%) |
| Vacant Housing Units | 210 (16.9%) |
| Median Home Value | $114,366 |
| Average Home Value | $186,107 |
Housing Distribution
Address Breakdown
Residential
1,067
Single Family
975
Multi-Family
92
Businesses
116
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Listed by: Trista Wuebker • Decker and Company Real Estate
Mls Name: Fort Dodge BOR
Mls ID: #26614