510 Radio Park LnWaukonIA52172
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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
Rental property for sale in Waukon at 510 Radio Park Ln, Waukon, IA, 52172 priced at $234,000 converts $1,291/mo rent into after a $1,145/mo obligation. Total monthly income equals $1,291/mo. Return on cash invested prints 16.38% in year one, and rental yield reads 6.62% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 84.3% and total cumulative return in cash sums $65,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,291/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52172, Waukon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,882 (100%) |
| Owner Occupied HU | 1,947 (67.6%) |
| Renter Occupied HU | 629 (21.8%) |
| Vacant Housing Units | 306 (10.6%) |
| Median Home Value | $198,845 |
| Average Home Value | $346,424 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,565
Multi-Family
129
Businesses
294
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