804 Cedar AveWoodwardIA50276
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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 Woodward at 804 Cedar Ave, Woodward, IA, 50276 listed at $250,000 pairs $2,057/mo rent with a $1,224/mo payment to leave $433/mo cash flow. Total monthly income runs $2,057/mo, and annual cash flow reaches $5,196/yr on $82,875 cash to close. Return on cash invested measures 26.18% in year one, and rental yield registers 9.87% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 136.86% and total cumulative return in cash totals $113,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,057/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50276, Woodward, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 729 (75.2%) |
| Renter Occupied HU | 182 (18.8%) |
| Vacant Housing Units | 58 ( 6.0%) |
| Median Home Value | $268,145 |
| Average Home Value | $343,916 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
37
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Listed by: Zack Cregeen • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #713507
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.