Dawson Plan, Creekside VillageGrimesIA50111
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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 Grimes at Dawson Plan, Creekside Village, Grimes, IA, 50111 with 5% annual appreciation on a $348,600 basis while $2,514/mo rent supports operations. Total monthly income totals $2,514/mo and a $1,706/mo payment preserves $250/mo for cash returns. Annual cash flow comes to $3,003/yr on $115,561 deployed, and return on cash invested reaches 22.51% in year one. Equity gained on principal adds $2,249/yr, and five-year appreciation sums $96,312 alongside rental yield of 8.65%. Five-year ROI measures 117.2% and total cumulative return in cash totals $135,438.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,514/mo property income versus a $1,706/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50111, Grimes, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,438 (100%) |
| Owner Occupied HU | 5,041 (67.8%) |
| Renter Occupied HU | 1,944 (26.1%) |
| Vacant Housing Units | 453 ( 6.1%) |
| Median Home Value | $352,789 |
| Average Home Value | $397,644 |
Housing Distribution
Address Breakdown
Residential
7,220
Single Family
6,963
Multi-Family
257
Businesses
595
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