Broadway Plan, Barrett EstatesUrbandaleIA50323
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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 Broadway Plan, Barrett Estates, Urbandale, IA, 50323 uses $87,185 cash to close to unlock $1,178/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $1,806/mo, and a $1,287/mo payment keeps the spread at $98/mo. Purchase price stands at $263,000, and rental yield measures 8.24% with $1,806/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $72,662 over five years. Five-year ROI reaches 110.52% and total cumulative return in cash records $96,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,806/mo property income covering a $1,287/mo payment rather than investor’s personal income.
Single Family
Built in 2025
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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