106 NE 6th StPocahontasIA50574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pocahontas at 106 NE 6th St, Pocahontas, IA, 50574 generates $1,211/mo in rent and, after a $634/mo payment, leaves $370/mo in cash flow. Total monthly income is $1,211/mo, and annual cash flow is $4,438/yr on $42,929 invested. Return on cash invested sits at 30.25% in year one, and rental yield is 11.22% on a $129,500 entry. Equity gained on principal adds $836/yr, while 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 158.69% and total cumulative return in cash sums $68,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,211/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50574, Pocahontas, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,142 (100%) |
| Owner Occupied HU | 769 (67.3%) |
| Renter Occupied HU | 223 (19.5%) |
| Vacant Housing Units | 150 (13.1%) |
| Median Home Value | $129,435 |
| Average Home Value | $202,058 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
964
Multi-Family
55
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katharine Halligan • Beam Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830905