1004 2nd AveAckleyIA50601
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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 Ackley at 1004 2nd Ave, Ackley, IA, 50601 offers a 3.44% rental yield on a $229,900 purchase with $660/mo rent. 8% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 32.97% and total cumulative return in cash at $25,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $660/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1879
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50601, Ackley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,156 (100%) |
| Owner Occupied HU | 816 (70.6%) |
| Renter Occupied HU | 206 (17.8%) |
| Vacant Housing Units | 134 (11.6%) |
| Median Home Value | $145,833 |
| Average Home Value | $163,444 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
998
Multi-Family
11
Businesses
90
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Listed by: Jared Kruger • GNB Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6331888
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.