106 E Maple StRed OakIA51566
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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 Red Oak at 106 E Maple St, Red Oak, IA, 51566 earns $408/mo cash flow from $1,350/mo rent with a $710/mo payment. Total monthly income totals $1,350/mo, and annual cash flow totals $4,896/yr on $48,068 capital. ROI tracks 30.09% on current figures, and rental yield reads 11.17% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 157.84% and total cumulative return in cash sums $75,872. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,350/mo property income instead of your personal income.
Single Family
Built in 1905
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51566, Red Oak, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,302 (100%) |
| Owner Occupied HU | 1,939 (58.7%) |
| Renter Occupied HU | 935 (28.3%) |
| Vacant Housing Units | 428 (13.0%) |
| Median Home Value | $134,691 |
| Average Home Value | $178,734 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
2,954
Multi-Family
127
Businesses
297
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