8200 Goodman DrUrbandaleIA50322
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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 Urbandale at 8200 Goodman Dr, Urbandale, IA, 50322 listed at $405,000 pairs $2,731/mo rent with a $1,982/mo payment to leave $101/mo cash flow. Total monthly income runs $2,731/mo, and annual cash flow reaches $1,212/yr on $134,258 cash to close. Return on cash invested measures 20.81% in year one, and rental yield registers 8.09% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 108.08% and total cumulative return in cash totals $145,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,731/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
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