715 W North StWintersetIA50273
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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 Winterset at 715 W North St, Winterset, IA, 50273 uses $85,527 cash to close to unlock $614/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $1,727/mo, and a $1,263/mo payment keeps the spread at $51/mo. Purchase price stands at $258,000, and rental yield measures 8.03% with $1,727/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 107.14% and total cumulative return in cash records $91,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,727/mo property income covering a $1,263/mo payment rather than investor’s personal income.
Single Family
Built in 1890
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Housing Distribution
Address Breakdown
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
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Listed by: Jennifer Stover • Madison County Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #715051
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.