1209 Hardin StAldenIA50006
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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 Alden at 1209 Hardin St, Alden, IA, 50006 earns $110/mo cash flow from $795/mo rent with a $513/mo payment. Total monthly income totals $795/mo, and annual cash flow totals $1,318/yr on $34,774 capital. ROI tracks 23.7% on current figures, and rental yield reads 9.09% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 123.63% and total cumulative return in cash sums $42,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $795/mo property income instead of your personal income.
Single Family
Built in 1952
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50006, Alden, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 753 (100%) |
| Owner Occupied HU | 508 (67.5%) |
| Renter Occupied HU | 157 (20.8%) |
| Vacant Housing Units | 88 (11.7%) |
| Median Home Value | $131,250 |
| Average Home Value | $177,303 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
41
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Listed by: Jason Jedele • Homestead Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329494
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.