712 Plainside Ave, Norwalk, IA, 50211 | 6.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,213/mo, and a $2,129/mo payment. Purchase price stands at $434,900, and rental yield measures 6.11% with $2,213/mo rent. Return on cash invested shows 14.82% in year one, and 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 75.96% and total cumulative return in cash records $109,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,213/mo property income covering a $2,129/mo payment rather than investor’s personal income.

Single Family

Built in 2025

9,112 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 50211, Norwalk, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,447 (100%)
Owner Occupied HU	5,103 (79.2%)
Renter Occupied HU	1,010 (15.7%)
Vacant Housing Units	334 ( 5.2%)
Median Home Value	$312,678
Average Home Value	$345,686