530 S 5th StAkronIA51001
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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 Akron at 530 S 5th St, Akron, IA, 51001 generates $1,897/mo in rent and, after a $1,263/mo payment, leaves $221/mo in cash flow. Total monthly income is $1,897/mo, and annual cash flow is $2,654/yr on $85,527 invested. Return on cash invested sits at 23.01% in year one, and rental yield is 8.82% on a $258,000 entry. Equity gained on principal adds $1,665/yr, while 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 119.92% and total cumulative return in cash sums $102,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,897/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51001, Akron, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,004 (100%) |
| Owner Occupied HU | 719 (71.6%) |
| Renter Occupied HU | 217 (21.6%) |
| Vacant Housing Units | 68 ( 6.8%) |
| Median Home Value | $186,895 |
| Average Home Value | $219,075 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
840
Multi-Family
36
Businesses
74
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