910 Broad StStory CityIA50248
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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 Story City at 910 Broad St, Story City, IA, 50248 earns $613/mo cash flow from $2,074/mo rent with a $1,101/mo payment. Total monthly income totals $2,074/mo, and annual cash flow totals $7,356/yr on $74,588 capital. ROI tracks 29.77% on current figures, and rental yield reads 11.06% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 156.12% and total cumulative return in cash sums $116,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,074/mo property income instead of your personal income.
Single Family
Built in 1955
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50248, Story City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 1,434 (67.7%) |
| Renter Occupied HU | 514 (24.3%) |
| Vacant Housing Units | 171 ( 8.1%) |
| Median Home Value | $244,920 |
| Average Home Value | $312,753 |
Housing Distribution
Address Breakdown
Residential
2,008
Single Family
1,678
Multi-Family
330
Businesses
166
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Listed by: Tyler/Megan Frederiksen • Norsemen Realty Team - Friedrich Iowa Realty
Mls Name: CIBR
Mls ID: #69291