815 N 11th Avenue CirWintersetIA50273
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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 815 N 11th Avenue Cir, Winterset, IA, 50273 listed at $331,500 pairs $2,462/mo rent with a $1,623/mo payment to leave $309/mo cash flow. Total monthly income runs $2,462/mo, and annual cash flow reaches $3,703/yr on $109,892 cash to close. Return on cash invested measures 23.28% in year one, and rental yield registers 8.91% at a $331,500 basis. Equity gained on principal adds $2,139/yr, and annual property appreciation at 5% supports $91,587 by year five. Five-year ROI tracks 121.32% and total cumulative return in cash totals $133,322. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,462/mo property income relative to a $1,623/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
7,405 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: Brent Kelso • Silverado Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #709714
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.