2001 Wren AveAredaleIA50605
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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 Aredale at 2001 Wren Ave, Aredale, IA, 50605 generates $0/mo in rent, after a $3,549/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.63% in year one, and rental yield is 0% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
104.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50605, Aredale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 79 (100%) |
| Owner Occupied HU | 56 (70.9%) |
| Renter Occupied HU | 15 (19.0%) |
| Vacant Housing Units | 8 (10.1%) |
| Median Home Value | $120,000 |
| Average Home Value | $169,554 |
Housing Distribution
Address Breakdown
Residential
62
Single Family
62
Multi-Family
0
Businesses
7
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No similar rental properties found nearby.
Nearby investment properties with comparable prices