507 1/2 Valley CtAtkinsIA52206
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 Atkins at 507 1/2 Valley Ct, Atkins, IA, 52206 generates $2,540/mo in rent, after a $2,104/mo payment. Total monthly income is $2,540/mo. Return on cash invested sits at 17.79% in year one, and rental yield is 7.09% on a $429,950 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,787 over five years. Five-year ROI reaches 91.9% and total cumulative return in cash sums $130,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,540/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52206, Atkins, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 854 (85.7%) |
| Renter Occupied HU | 84 ( 8.4%) |
| Vacant Housing Units | 59 ( 5.9%) |
| Median Home Value | $306,997 |
| Average Home Value | $307,579 |
Housing Distribution
Address Breakdown
Residential
812
Single Family
804
Multi-Family
8
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices