503 S 6th StMapletonIA51034
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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 Mapleton at 503 S 6th St, Mapleton, IA, 51034 uses $43,062 cash to close to unlock $3,470/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,133/mo, and a $636/mo payment keeps the spread at $289/mo. Purchase price stands at $129,900, and rental yield measures 10.47% with $1,133/mo rent. Return on cash invested shows 27.97% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 146.57% and total cumulative return in cash records $63,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,133/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51034, Mapleton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 571 (69.5%) |
| Renter Occupied HU | 153 (18.6%) |
| Vacant Housing Units | 98 (11.9%) |
| Median Home Value | $132,721 |
| Average Home Value | $185,473 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
728
Multi-Family
11
Businesses
76
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