511 Center StAldenIA50006
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 Alden at 511 Center St, Alden, IA, 50006 priced at $108,000 pairs $865/mo rent with $163/mo cash flow after a $529/mo payment. Total monthly income equals $865/mo, and annual cash flow comes to $1,958/yr on $35,802 invested. Return on cash invested is 25.38% in year one, and rental yield stands at 9.61% on a $108,000 basis. Equity gained on principal adds $697/yr, and 5% annual appreciation accumulates to $29,838 by year five. Five-year ROI measures 132.72% and total cumulative return in cash reaches $47,516. For financing, Ziffy Mortgage’s DSCR program evaluates $865/mo property income against a $529/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50006, Alden, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 753 (100%) |
| Owner Occupied HU | 508 (67.5%) |
| Renter Occupied HU | 157 (20.8%) |
| Vacant Housing Units | 88 (11.7%) |
| Median Home Value | $131,250 |
| Average Home Value | $177,303 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices