400 W 6th StAureliaIA51005
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 Aurelia at 400 W 6th St, Aurelia, IA, 51005 generates $1,032/mo in rent, after a $918/mo payment. Total monthly income is $1,032/mo. Return on cash invested sits at 16.32% in year one, and rental yield is 6.6% on a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 83.97% and total cumulative return in cash sums $52,195. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,032/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51005, Aurelia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 497 (75.5%) |
| Renter Occupied HU | 94 (14.3%) |
| Vacant Housing Units | 67 (10.2%) |
| Median Home Value | $163,500 |
| Average Home Value | $199,628 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bethany Mortenson • Signature Real Estate Group of Iowa
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829484
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.