106 W Franklin AveIndianolaIA50125
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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 Indianola at 106 W Franklin Ave, Indianola, IA, 50125 at $269,000 posts ROI 25.39% with $408/mo cash flow from $2,155/mo rent. Total monthly income equals $2,155/mo, and annual cash flow records $4,891/yr on $89,174 to close. Return on cash invested measures 25.39% and rental yield reads 9.61% at the current $269,000. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 by year five. Five-year ROI prints 132.66% and total cumulative return in cash totals $118,295.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,155/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50125, Indianola, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 6,204 (69.4%) |
| Renter Occupied HU | 2,072 (23.2%) |
| Vacant Housing Units | 665 ( 7.4%) |
| Median Home Value | $256,652 |
| Average Home Value | $303,097 |
Housing Distribution
Address Breakdown
Residential
8,498
Single Family
7,374
Multi-Family
1,124
Businesses
578
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