31141 474th AveAkronIA51001
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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
Rental property for sale in Akron at 31141 474th Ave, Akron, IA, 51001 generates $1,800/mo in rent, after a $1,835/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 13.78% in year one, and rental yield is 5.76% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 70.36% and total cumulative return in cash sums $87,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
6.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51001, Akron, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,004 (100%) |
| Owner Occupied HU | 719 (71.6%) |
| Renter Occupied HU | 217 (21.6%) |
| Vacant Housing Units | 68 ( 6.8%) |
| Median Home Value | $186,895 |
| Average Home Value | $219,075 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
840
Multi-Family
36
Businesses
74
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Listed by: Mandra Kruse • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22406100
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