Reagan Plan, Sunset Estates Plat 4NorwalkIA50211
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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 Norwalk at Reagan Plan, Sunset Estates Plat 4, Norwalk, IA, 50211 priced at $330,500 pairs $2,629/mo rent with $482/mo cash flow after a $1,618/mo payment. Total monthly income equals $2,629/mo, and annual cash flow comes to $5,786/yr on $109,561 invested. Return on cash invested is 25.19% in year one, and rental yield stands at 9.55% on a $330,500 basis. Equity gained on principal adds $2,133/yr, and 5% annual appreciation accumulates to $91,311 by year five. Five-year ROI measures 131.6% and total cumulative return in cash reaches $144,180. For financing, Ziffy Mortgage’s DSCR program evaluates $2,629/mo property income against a $1,618/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
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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