705 NW 3rd StEagle GroveIA50533
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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 $720/mo, and a $737/mo payment. Purchase price stands at $150,500, and rental yield measures 5.74% with $720/mo rent. Return on cash invested shows 13.71% in year one, and 5% annual appreciation builds toward $41,580 over five years. Five-year ROI reaches 70.05% and total cumulative return in cash records $34,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $720/mo property income covering a $737/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50533, Eagle Grove, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,055 (59.1%) |
| Renter Occupied HU | 562 (31.5%) |
| Vacant Housing Units | 167 ( 9.4%) |
| Median Home Value | $107,788 |
| Average Home Value | $130,524 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,628
Multi-Family
29
Businesses
143
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Listed by: Darren K Robinson • HomeLand Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334698