401 Orchard StAlbert CityIA50510
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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 Albert City at 401 Orchard St, Albert City, IA, 50510 offers $0/mo rent that, after a $587/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.61% in year one, and rental yield stands at 0% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50510, Albert City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 494 (100%) |
| Owner Occupied HU | 346 (70.0%) |
| Renter Occupied HU | 89 (18.0%) |
| Vacant Housing Units | 59 (11.9%) |
| Median Home Value | $112,500 |
| Average Home Value | $203,815 |
Housing Distribution
Address Breakdown
Residential
338
Single Family
334
Multi-Family
4
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Richard Winegarden • Winegarden Auctioneering
Mls Name: NoCoast MLS
Mls ID: #6330289