310 N Elm StAvocaIA51521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Avoca at 310 N Elm St, Avoca, IA, 51521 priced at $210,000 pairs $1,426/mo rent with $62/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,426/mo, and annual cash flow comes to $744/yr on $69,615 invested. Return on cash invested is 20.98% in year one, and rental yield stands at 8.15% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 108.96% and total cumulative return in cash reaches $75,856. For financing, Ziffy Mortgage’s DSCR program evaluates $1,426/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51521, Avoca, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 699 (68.4%) |
| Renter Occupied HU | 234 (22.9%) |
| Vacant Housing Units | 89 ( 8.7%) |
| Median Home Value | $221,701 |
| Average Home Value | $236,273 |
Housing Distribution
Address Breakdown
Residential
649
Single Family
629
Multi-Family
20
Businesses
87
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