306 W 8th StAtlanticIA50022
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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 Atlantic at 306 W 8th St, Atlantic, IA, 50022 listed at $139,500 pairs $1,092/mo rent with a $683/mo payment to leave $186/mo cash flow. Total monthly income runs $1,092/mo, and annual cash flow reaches $2,230/yr on $46,244 cash to close. Return on cash invested measures 24.73% in year one, and rental yield registers 9.39% at a $139,500 basis. Equity gained on principal adds $900/yr, and annual property appreciation at 5% supports $38,541 by year five. Five-year ROI tracks 129.12% and total cumulative return in cash totals $59,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,092/mo property income relative to a $683/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1919
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50022, Atlantic, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,911 (100%) |
| Owner Occupied HU | 2,454 (62.7%) |
| Renter Occupied HU | 1,141 (29.2%) |
| Vacant Housing Units | 316 ( 8.1%) |
| Median Home Value | $167,337 |
| Average Home Value | $225,992 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,386
Multi-Family
372
Businesses
430
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