430 S 6th StAkronIA51001
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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 Akron at 430 S 6th St, Akron, IA, 51001 priced at $295,000 pairs $2,050/mo rent with $134/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,050/mo, and annual cash flow comes to $1,608/yr on $97,793 invested. Return on cash invested is 21.55% in year one, and rental yield stands at 8.34% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 112.05% and total cumulative return in cash reaches $109,574. For financing, Ziffy Mortgage’s DSCR program evaluates $2,050/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51001, Akron, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,004 (100%) |
| Owner Occupied HU | 719 (71.6%) |
| Renter Occupied HU | 217 (21.6%) |
| Vacant Housing Units | 68 ( 6.8%) |
| Median Home Value | $186,895 |
| Average Home Value | $219,075 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
840
Multi-Family
36
Businesses
74
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Listed by: Janel Pearson • NextHome Tri State Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #824613
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.