2913 N Birch AveCummingIA50061
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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 Cumming at 2913 N Birch Ave, Cumming, IA, 50061 uses $279,650 cash to close to unlock $12,960/yr annual cash flow and $1,080/mo monthly cash flow. Total monthly income runs $6,600/mo, and a $4,160/mo payment keeps the spread at $1,080/mo. Purchase price stands at $850,000, and rental yield measures 9.32% with $6,600/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 128.87% and total cumulative return in cash records $360,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,600/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50061, Cumming, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 1,132 (91.7%) |
| Renter Occupied HU | 52 ( 4.2%) |
| Vacant Housing Units | 51 ( 4.1%) |
| Median Home Value | $489,671 |
| Average Home Value | $552,955 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
35
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