580 N Central AveLaconaIA50139
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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 Lacona at 580 N Central Ave, Lacona, IA, 50139 earns from $2,838/mo rent with a $2,153/mo payment. Total monthly income totals $2,838/mo. ROI tracks 19.75% on current figures, and rental yield reads 7.74% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 102.44% and total cumulative return in cash sums $149,379. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,838/mo property income instead of your personal income.
Single Family
Built in 2022
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50139, Lacona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 537 (100%) |
| Owner Occupied HU | 416 (77.5%) |
| Renter Occupied HU | 74 (13.8%) |
| Vacant Housing Units | 47 ( 8.8%) |
| Median Home Value | $205,932 |
| Average Home Value | $257,566 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
17
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