749 South StRockwell CityIA50579
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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 Rockwell City at 749 South St, Rockwell City, IA, 50579 uses $65,969 cash to close to unlock $1,135/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,387/mo, and a $974/mo payment keeps the spread at $95/mo. Purchase price stands at $199,000, and rental yield measures 8.36% with $1,387/mo rent. Return on cash invested shows 21.63% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 112.52% and total cumulative return in cash records $74,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,387/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50579, Rockwell City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,241 (100%) |
| Owner Occupied HU | 811 (65.4%) |
| Renter Occupied HU | 220 (17.7%) |
| Vacant Housing Units | 210 (16.9%) |
| Median Home Value | $114,366 |
| Average Home Value | $186,107 |
Housing Distribution
Address Breakdown
Residential
1,067
Single Family
975
Multi-Family
92
Businesses
116
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Listed by: Diane L. Decker • Decker and Company Real Estate
Mls Name: Fort Dodge BOR
Mls ID: #26430