500 Russell StOakvilleIA52646
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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 Oakville at 500 Russell St, Oakville, IA, 52646 uses $39,747 cash to close to unlock $1,706/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $921/mo, and a $587/mo payment keeps the spread at $142/mo. Purchase price stands at $119,900, and rental yield measures 9.22% with $921/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 126.38% and total cumulative return in cash records $50,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $921/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52646, Oakville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 187 (100%) |
| Owner Occupied HU | 134 (71.7%) |
| Renter Occupied HU | 24 (12.8%) |
| Vacant Housing Units | 29 (15.5%) |
| Median Home Value | $200,000 |
| Average Home Value | $298,563 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
7
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