733 7th AveCoon RapidsIA50058
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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 Coon Rapids at 733 7th Ave, Coon Rapids, IA, 50058 uses $33,150 cash to close to unlock $4,188/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $998/mo, and a $489/mo payment keeps the spread at $349/mo. Purchase price stands at $100,000, and rental yield measures 11.98% with $998/mo rent. Return on cash invested shows 32.54% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 170.98% and total cumulative return in cash records $56,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $998/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1950
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50058, Coon Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 624 (71.7%) |
| Renter Occupied HU | 151 (17.4%) |
| Vacant Housing Units | 95 (10.9%) |
| Median Home Value | $165,234 |
| Average Home Value | $211,130 |
Housing Distribution
Address Breakdown
Residential
811
Single Family
804
Multi-Family
7
Businesses
83
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Listed by: Gonzalez, Nancy • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #723409
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.