201 Cardinal AveAtkinsIA52206
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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 Atkins at 201 Cardinal Ave, Atkins, IA, 52206 priced at $444,990 converts $2,917/mo rent into $27/mo cash flow after a $2,178/mo obligation. Total monthly income equals $2,917/mo, and annual cash flow totals $324/yr on $147,514 invested. Return on cash invested prints 20.13% in year one, and rental yield reads 7.87% against a $444,990 entry. Equity gained on principal adds $2,871/yr, while 5% annual appreciation compiles into $122,943 by year five. Five-year ROI reaches 104.45% and total cumulative return in cash sums $154,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,917/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52206, Atkins, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 854 (85.7%) |
| Renter Occupied HU | 84 ( 8.4%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $306,997 |
| Average Home Value | $307,579 |
Housing Distribution
Address Breakdown
Residential
812
Single Family
804
Multi-Family
8
Businesses
36
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