412 Park StOaklandIA51560
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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 Oakland at 412 Park St, Oakland, IA, 51560 uses $62,985 cash to close to unlock $2,184/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,416/mo, and a $930/mo payment keeps the spread at $182/mo. Purchase price stands at $190,000, and rental yield measures 8.94% with $1,416/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 121.84% and total cumulative return in cash records $76,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,416/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1959
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51560, Oakland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 611 (66.0%) |
| Renter Occupied HU | 232 (25.1%) |
| Vacant Housing Units | 83 ( 9.0%) |
| Median Home Value | $217,657 |
| Average Home Value | $254,124 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
760
Multi-Family
40
Businesses
59
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