530 S 6th 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
Investment property for sale in Akron at 530 S 6th St, Akron, IA, 51001 earns $118/mo cash flow from $1,213/mo rent with a $825/mo payment. Total monthly income totals $1,213/mo, and annual cash flow totals $1,421/yr on $55,858 capital. ROI tracks 22.45% on current figures, and rental yield reads 8.64% at a $168,500 purchase. Equity gained on principal adds $1,087/yr, and 5% annual appreciation supports $46,553 over five years. Five-year ROI reaches 116.92% and total cumulative return in cash sums $65,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,213/mo property income instead of your personal income.
Single Family
Built in 1945
6,969 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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