1005 9th Ave EOskaloosaIA52577
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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 Oskaloosa at 1005 9th Ave E, Oskaloosa, IA, 52577 generates $1,336/mo in rent and, after a $812/mo payment, leaves $258/mo in cash flow. Total monthly income is $1,336/mo, and annual cash flow is $3,101/yr on $55,029 invested. Return on cash invested sits at 25.54% in year one, and rental yield is 9.66% on a $166,000 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash sums $73,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,336/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52577, Oskaloosa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,563 (100%) |
| Owner Occupied HU | 3,957 (60.3%) |
| Renter Occupied HU | 1,930 (29.4%) |
| Vacant Housing Units | 676 (10.3%) |
| Median Home Value | $168,132 |
| Average Home Value | $208,122 |
Housing Distribution
Address Breakdown
Residential
6,231
Single Family
5,791
Multi-Family
440
Businesses
581
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Listed by: Karen Converse • RE/MAX Pride Oskaloosa
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329588
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.