2143 Meekers Landing RdOakvilleIA52646
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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
Investment property for sale in Oakville at 2143 Meekers Landing Rd, Oakville, IA, 52646 offers a 0% rental yield on a $195,000 purchase with $0/mo rent. 59% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1968
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52646, Oakville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 187 (100%) |
| Owner Occupied HU | 134 (71.7%) |
| Renter Occupied HU | 24 (12.8%) |
| Vacant Housing Units | 29 (15.5%) |
| Median Home Value | $200,000 |
| Average Home Value | $298,563 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
7
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