704 Dallas StDexterIA50070
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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 Dexter at 704 Dallas St, Dexter, IA, 50070 offers a 17.46% rental yield on a $130,000 purchase with $1,891/mo rent. Total monthly income registers $1,891/mo, and a $636/mo payment leaves $1,047/mo available for distribution. Annual cash flow reaches $12,564/yr on $43,095 to close, and return on cash invested stands at 49.06% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 259.58% and total cumulative return in cash at $111,867. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,891/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50070, Dexter, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 576 (77.0%) |
| Renter Occupied HU | 65 ( 8.7%) |
| Vacant Housing Units | 107 (14.3%) |
| Median Home Value | $362,617 |
| Average Home Value | $391,597 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
35
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Listed by: Austin Sullivan • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #705572
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.