One Bed plus Den Plan, Kanaal Huis at the CanalsOrange CityIA51041
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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
Rental property for sale in Orange City at One Bed plus Den Plan, Kanaal Huis at the Canals, Orange City, IA, 51041 generates $1,903/mo in rent and, after a $1,399/mo payment, leaves $47/mo in cash flow. Total monthly income is $1,903/mo, and annual cash flow is $559/yr on $94,776 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 7.99% on a $285,900 entry. Equity gained on principal adds $1,845/yr, while 5% annual appreciation builds toward $78,989 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash sums $100,873. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51041, Orange City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,694 (100%) |
| Owner Occupied HU | 1,956 (72.6%) |
| Renter Occupied HU | 585 (21.7%) |
| Vacant Housing Units | 153 ( 5.7%) |
| Median Home Value | $278,455 |
| Average Home Value | $309,011 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,408
Multi-Family
178
Businesses
271
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Listed by: N/A • Orange City Area Health Foundation
Mls Name: Orange City Area Health Foundation
Mls ID: #N/A