8471 Lakeshore DrDexterIA50070
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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 Dexter at 8471 Lakeshore Dr, Dexter, IA, 50070 offers a 0% rental yield on a $100,000 purchase with $0/mo rent. 75% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
0.33 Acres lot
$N/A/sqft
$2,045 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50070, Dexter, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 576 (77.0%) |
| Renter Occupied HU | 65 ( 8.7%) |
| Vacant Housing Units | 107 (14.3%) |
| Median Home Value | $362,617 |
| Average Home Value | $391,597 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Cathy McAulay • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #718644
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