1111 2nd AveAckleyIA50601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1111 2nd Ave, Ackley, IA, 50601 in Ackley hard to pass up. The 11.77% gross yield on a $179,900 purchase results in $1,764/mo in rent and $596/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.18). Annual cash flow of $7,148, five-year appreciation of $49,703, and $1,657/yr in equity build-up combine for a projected total cumulative return of $106,834.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.0% |
| Monthly Cash Flow | $596 | $350 |
City averages based on Ackley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,764 |
| Total Monthly Debt Service | $1,097 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50601, Ackley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,156 (100%) |
| Owner Occupied HU | 816 (70.6%) |
| Renter Occupied HU | 206 (17.8%) |
| Vacant Housing Units | 134 (11.6%) |
| Median Home Value | $145,833 |
| Average Home Value | $163,444 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
998
Multi-Family
11
Businesses
90
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
Single Family
Built in 1964
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50601, Ackley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,156 (100%) |
| Owner Occupied HU | 816 (70.6%) |
| Renter Occupied HU | 206 (17.8%) |
| Vacant Housing Units | 134 (11.6%) |
| Median Home Value | $145,833 |
| Average Home Value | $163,444 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
998
Multi-Family
11
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices