117 3rd St SENew AlbinIA52160
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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 New Albin at 117 3rd St SE, New Albin, IA, 52160 earns from $1,600/mo rent with a $1,468/mo payment. Total monthly income totals $1,600/mo. ROI tracks 15.71% on current figures, and rental yield reads 6.4% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 80.77% and total cumulative return in cash sums $80,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,600/mo property income instead of your personal income.
Single Family
Built in 1901
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52160, New Albin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 299 (68.6%) |
| Renter Occupied HU | 65 (14.9%) |
| Vacant Housing Units | 72 (16.5%) |
| Median Home Value | $203,824 |
| Average Home Value | $204,197 |
Housing Distribution
Address Breakdown
Residential
166
Single Family
166
Multi-Family
0
Businesses
26
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