506 Center StTaborIA51653
Nearby investment properties with comparable rents
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 Tabor at 506 Center St, Tabor, IA, 51653 priced at $235,000 converts $1,165/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,165/mo. Return on cash invested prints 14.35% in year one, and rental yield reads 5.95% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 73.42% and total cumulative return in cash sums $57,196. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,165/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51653, Tabor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 404 (71.8%) |
| Renter Occupied HU | 110 (19.5%) |
| Vacant Housing Units | 49 ( 8.7%) |
| Median Home Value | $238,636 |
| Average Home Value | $270,885 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
258
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices