400 S 7th StAkronIA51001
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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 400 S 7th St, Akron, IA, 51001 with 5% annual appreciation on a $132,410 basis while $1,502/mo rent supports operations. Total monthly income totals $1,502/mo and a $648/mo payment preserves $593/mo for cash returns. Annual cash flow comes to $7,118/yr on $43,894 deployed, and return on cash invested reaches 36.12% in year one. Equity gained on principal adds $854/yr, and five-year appreciation sums $36,582 alongside rental yield of 13.61%. Five-year ROI measures 190.8% and total cumulative return in cash totals $83,751.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,502/mo property income versus a $648/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,405 sqft 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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