14234 Northpark Dr #20DXKFUrbandaleIA50323
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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
Rental property for sale in Urbandale at 14234 Northpark Dr #20DXKF, Urbandale, IA, 50323 generates $3,334/mo in rent and, after a $2,322/mo payment, leaves $253/mo in cash flow. Total monthly income is $3,334/mo, and annual cash flow is $3,036/yr on $157,264 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 8.43% on a $474,400 entry. Equity gained on principal adds $3,061/yr, while 5% annual appreciation builds toward $131,068 over five years. Five-year ROI reaches 113.58% and total cumulative return in cash sums $178,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,334/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50323, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,564 (100%) |
| Owner Occupied HU | 5,486 (83.6%) |
| Renter Occupied HU | 803 (12.2%) |
| Vacant Housing Units | 275 ( 4.2%) |
| Median Home Value | $452,309 |
| Average Home Value | $516,808 |
Housing Distribution
Address Breakdown
Residential
6,701
Single Family
6,582
Multi-Family
119
Businesses
393
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