1009 Jackson AveFarragutIA51639
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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 Farragut at 1009 Jackson Ave, Farragut, IA, 51639 at $120,000 posts ROI 28.39% with $281/mo cash flow from $1,060/mo rent. Total monthly income equals $1,060/mo, and annual cash flow records $3,372/yr on $39,780 to close. Return on cash invested measures 28.39% and rental yield reads 10.6% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 148.65% and total cumulative return in cash totals $59,131.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,060/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51639, Farragut, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 291 (72.7%) |
| Renter Occupied HU | 76 (19.0%) |
| Vacant Housing Units | 33 ( 8.2%) |
| Median Home Value | $158,214 |
| Average Home Value | $259,304 |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
13
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