517 W 6th St NEsthervilleIA51334
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
Investment property for sale in Estherville at 517 W 6th St N, Estherville, IA, 51334 offers a 11.16% rental yield on a $159,900 purchase with $1,487/mo rent. Total monthly income registers $1,487/mo, and a $783/mo payment leaves $448/mo available for distribution. Annual cash flow reaches $5,378/yr on $53,007 to close, and return on cash invested stands at 30.05% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 157.73% and total cumulative return in cash at $83,610. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,487/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51334, Estherville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,287 (100%) |
| Owner Occupied HU | 2,268 (69.0%) |
| Renter Occupied HU | 683 (20.8%) |
| Vacant Housing Units | 336 (10.2%) |
| Median Home Value | $114,829 |
| Average Home Value | $160,100 |
Housing Distribution
Address Breakdown
Residential
3,164
Single Family
2,916
Multi-Family
248
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A