810 Cedar StWaukeeIA50263
Nearby investment properties with comparable rents
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 Waukee at 810 Cedar St, Waukee, IA, 50263 generates $2,776/mo in rent and, after a $1,541/mo payment, leaves $706/mo in cash flow. Total monthly income is $2,776/mo, and annual cash flow is $8,472/yr on $104,389 invested. Return on cash invested sits at 28.02% in year one, and rental yield is 10.58% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 146.86% and total cumulative return in cash sums $153,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,776/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Housing Distribution
Address Breakdown
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRENT LENZ • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #703813
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.