1341 320th StAuburnIA51433
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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
Rental property for sale in Auburn at 1341 320th St, Auburn, IA, 51433 generates $1,195/mo in rent, after a $1,077/mo payment. Total monthly income is $1,195/mo. Return on cash invested sits at 16.06% in year one, and rental yield is 6.52% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 82.58% and total cumulative return in cash sums $60,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,195/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
7.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51433, Auburn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 298 (100%) |
| Owner Occupied HU | 209 (70.1%) |
| Renter Occupied HU | 52 (17.4%) |
| Vacant Housing Units | 37 (12.4%) |
| Median Home Value | $188,125 |
| Average Home Value | $244,282 |
Housing Distribution
Address Breakdown
Residential
163
Single Family
163
Multi-Family
0
Businesses
13
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