412 Oak AveCharter OakIA51439
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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 Charter Oak at 412 Oak Ave, Charter Oak, IA, 51439 offers a 0% rental yield on a $137,500 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $887/yr while 5% annual appreciation supports $37,989 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $673/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Tracy Brus • Denison Realty, LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334161