Fostoria Plan, Waterford LandingUrbandaleIA50323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fostoria Plan, Waterford Landing, Urbandale, IA, 50323 priced at $435,300 converts $3,018/mo rent into $191/mo cash flow after a $2,131/mo obligation. Total monthly income equals $3,018/mo, and annual cash flow totals $2,286/yr on $144,302 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 8.32% against a $435,300 entry. Equity gained on principal adds $2,809/yr, while 5% annual appreciation compiles into $120,265 by year five. Five-year ROI reaches 111.75% and total cumulative return in cash sums $161,255. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,018/mo property income covering a $2,131/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices