106 Towne StArcadiaIA51430
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
Investment property for sale in Arcadia at 106 Towne St, Arcadia, IA, 51430 offers a 10.07% rental yield on a $110,000 purchase with $923/mo rent. Total monthly income registers $923/mo, and a $538/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,508/yr on $36,465 to close, and return on cash invested stands at 26.79% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 140.09% and total cumulative return in cash at $51,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $923/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51430, Arcadia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 261 (81.6%) |
| Renter Occupied HU | 40 (12.5%) |
| Vacant Housing Units | 19 ( 5.9%) |
| Median Home Value | $262,931 |
| Average Home Value | $290,642 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices