14234 Northpark Dr #ZHMBX0UrbandaleIA50323
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 14234 Northpark Dr #ZHMBX0, Urbandale, IA, 50323 offers $3,044/mo rent that, after a $1,904/mo payment, leaves $517/mo cash flow. Total monthly income is $3,044/mo, and annual cash flow is $6,209/yr on $128,987 cash. Return on cash invested measures 24.72% in year one, and rental yield stands at 9.39% at a $389,100 entry. Equity gained on principal adds $2,511/yr while 5% annual appreciation compounds into $107,501 by year five. Five-year ROI records 129.08% and total cumulative return in cash reaches $166,490. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,044/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices