1106 N 6th St UNIT 41IndianolaIA50125
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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 1106 N 6th St UNIT 41, Indianola, IA, 50125 earns $132/mo cash flow from $878/mo rent with a $562/mo payment. Total monthly income totals $878/mo, and annual cash flow totals $1,586/yr on $38,089 capital. ROI tracks 24.07% on current figures, and rental yield reads 9.17% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 125.71% and total cumulative return in cash sums $47,882. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $878/mo property income instead of your personal income.
Townhouse
Built in 2004
3,911 sqft 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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