510 Jackson AveFarragutIA51639
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 Farragut at 510 Jackson Ave, Farragut, IA, 51639 offers $1,888/mo rent that, after a $1,417/mo payment, leaves $8/mo cash flow. Total monthly income is $1,888/mo, and annual cash flow is $94/yr on $95,969 cash. Return on cash invested measures 20.01% in year one, and rental yield stands at 7.83% at a $289,500 entry. Equity gained on principal adds $1,868/yr while 5% annual appreciation compounds into $79,984 by year five. Five-year ROI records 103.76% and total cumulative return in cash reaches $99,579. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,888/mo property income versus a $1,417/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51639, Farragut, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 291 (72.7%) |
| Renter Occupied HU | 76 (19.0%) |
| Vacant Housing Units | 33 ( 8.2%) |
| Median Home Value | $158,214 |
| Average Home Value | $259,304 |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
13
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