940 130th StPilot MoundIA50223
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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 Pilot Mound at 940 130th St, Pilot Mound, IA, 50223 offers a 9.22% rental yield on a $165,000 purchase with $1,268/mo rent. Total monthly income registers $1,268/mo, and a $808/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,352/yr on $54,698 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 126.28% and total cumulative return in cash at $69,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,268/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50223, Pilot Mound, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 177 (100%) |
| Owner Occupied HU | 137 (77.4%) |
| Renter Occupied HU | 16 ( 9.0%) |
| Vacant Housing Units | 24 (13.6%) |
| Median Home Value | $252,586 |
| Average Home Value | $259,307 |
Housing Distribution
Address Breakdown
Residential
119
Single Family
119
Multi-Family
0
Businesses
5
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Listed by: David Little • LandGuys, LLC of Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #720675
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.