1616 S 7th StOskaloosaIA52577
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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 Oskaloosa at 1616 S 7th St, Oskaloosa, IA, 52577 generates $1,074/mo in rent and, after a $734/mo payment, leaves $100/mo in cash flow. Total monthly income is $1,074/mo, and annual cash flow is $1,202/yr on $49,692 invested. Return on cash invested sits at 22.33% in year one, and rental yield is 8.6% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 116.3% and total cumulative return in cash sums $57,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,074/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52577, Oskaloosa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,563 (100%) |
| Owner Occupied HU | 3,957 (60.3%) |
| Renter Occupied HU | 1,930 (29.4%) |
| Vacant Housing Units | 676 (10.3%) |
| Median Home Value | $168,132 |
| Average Home Value | $208,122 |
Housing Distribution
Address Breakdown
Residential
6,231
Single Family
5,791
Multi-Family
440
Businesses
581
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