Harmony Plan, Timber RidgeNorwalkIA50211
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
Investment property for sale in Norwalk at Harmony Plan, Timber Ridge, Norwalk, IA, 50211 at $369,990 posts ROI 20.56% with $67/mo cash flow from $2,470/mo rent. Total monthly income equals $2,470/mo, and annual cash flow records $804/yr on $122,652 to close. Return on cash invested measures 20.56% and rental yield reads 8.01% at the current $369,990. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,221 by year five. Five-year ROI prints 106.79% and total cumulative return in cash totals $130,982.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,470/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50211, Norwalk, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,447 (100%) |
| Owner Occupied HU | 5,103 (79.2%) |
| Renter Occupied HU | 1,010 (15.7%) |
| Vacant Housing Units | 334 ( 5.2%) |
| Median Home Value | $312,678 |
| Average Home Value | $345,686 |
Housing Distribution
Address Breakdown
Residential
6,803
Single Family
6,186
Multi-Family
617
Businesses
254
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