715 Oneida StStorm LakeIA50588
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Nearby investment properties with comparable prices
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 Storm Lake at 715 Oneida St, Storm Lake, IA, 50588 priced at $145,000 pairs $1,272/mo rent with $330/mo cash flow after a $710/mo payment. Total monthly income equals $1,272/mo, and annual cash flow comes to $3,960/yr on $48,068 invested. Return on cash invested is 28.15% in year one, and rental yield stands at 10.53% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 147.43% and total cumulative return in cash reaches $70,868. For financing, Ziffy Mortgage’s DSCR program evaluates $1,272/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50588, Storm Lake, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,962 (100%) |
| Owner Occupied HU | 2,950 (59.5%) |
| Renter Occupied HU | 1,537 (31.0%) |
| Vacant Housing Units | 475 ( 9.6%) |
| Median Home Value | $217,957 |
| Average Home Value | $295,617 |
Housing Distribution
Address Breakdown
Residential
4,706
Single Family
4,086
Multi-Family
620
Businesses
516
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Listed by: Selena Flores • Century 21 The Professional Gr
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #826238
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.