506 Chicago StAudubonIA50025
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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 Audubon at 506 Chicago St, Audubon, IA, 50025 with 5% annual appreciation on a $131,500 basis while $0/mo rent supports operations. 61% in year one. Equity gained on principal adds $849/yr, and five-year appreciation sums $36,331 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $644/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1888
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50025, Audubon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,088 (70.9%) |
| Renter Occupied HU | 264 (17.2%) |
| Vacant Housing Units | 183 (11.9%) |
| Median Home Value | $134,211 |
| Average Home Value | $237,137 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,354
Multi-Family
12
Businesses
155
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