401 Dicken StOlinIA52320
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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
Investment property for sale in Olin at 401 Dicken St, Olin, IA, 52320 listed at $195,000 pairs $1,514/mo rent with a $954/mo payment to leave $248/mo cash flow. Total monthly income runs $1,514/mo, and annual cash flow reaches $2,976/yr on $64,643 cash to close. Return on cash invested measures 24.51% in year one, and rental yield registers 9.32% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 127.92% and total cumulative return in cash totals $82,690. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,514/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52320, Olin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 349 (68.8%) |
| Renter Occupied HU | 90 (17.8%) |
| Vacant Housing Units | 68 (13.4%) |
| Median Home Value | $148,986 |
| Average Home Value | $204,742 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
28
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Listed by: Holly Kreger • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503436
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.