350 S 6th StAkronIA51001
Nearby investment properties with comparable rents
- 4 Bed
- 2 Bath
- 1482 sft
- 3 Bed
- 2 Bath
- 1046 sft
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
Investment property for sale in Akron at 350 S 6th St, Akron, IA, 51001 earns $451/mo cash flow from $1,847/mo rent with a $1,052/mo payment. Total monthly income totals $1,847/mo, and annual cash flow totals $5,412/yr on $71,273 capital. ROI tracks 27.5% on current figures, and rental yield reads 10.31% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 143.96% and total cumulative return in cash sums $102,601. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,847/mo property income instead of your personal income.
Single Family
Built in 1921
0.25 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
Nearby investment properties with comparable rents
- 4 Bed
- 2 Bath
- 1482 sft
- 3 Bed
- 2 Bath
- 1046 sft
Nearby investment properties with comparable prices
Listed by: Mark O'Neill • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828672
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.