14234 Northpark Dr #CD5VMMUrbandaleIA50323
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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 14234 Northpark Dr #CD5VMM, Urbandale, IA, 50323 with 5% annual appreciation on a $375,400 basis while $2,753/mo rent supports operations. Total monthly income totals $2,753/mo and a $1,837/mo payment preserves $315/mo for cash returns. Annual cash flow comes to $3,784/yr on $124,445 deployed, and return on cash invested reaches 22.95% in year one. Equity gained on principal adds $2,422/yr, and five-year appreciation sums $103,716 alongside rental yield of 8.8%. Five-year ROI measures 119.56% and total cumulative return in cash totals $148,784.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,753/mo property income versus a $1,837/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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