209 1st StAlvordIA51230
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 209 1st St, Alvord, IA, 51230 in Alvord. Rental yield 0%. At $140,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $38,679 in new equity by year five, complemented by $1,174/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Alvord market data in our database. Property projections are estimates.
Single Family
Built in 1915
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51230, Alvord, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 134 (77.0%) |
| Renter Occupied HU | 30 (17.2%) |
| Vacant Housing Units | 10 ( 5.7%) |
| Median Home Value | $430,000 |
| Average Home Value | $410,280 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
95
Multi-Family
0
Businesses
14
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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
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No similar rental properties found nearby.
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