6 Hackett DrOaklandIA51560
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6 Hackett Dr, Oakland, IA, 51560 in Oakland carries a 1.70 coverage ratio, rent of $1,722/mo is 1.70 times the $1,012/mo payment. Rental yield 9.18%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $225,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $62,163; total projected cumulative return: $102,372.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $(114) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,722 |
| Total Monthly Debt Service | $1,372 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51560, Oakland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 611 (66.0%) |
| Renter Occupied HU | 232 (25.1%) |
| Vacant Housing Units | 83 ( 9.0%) |
| Median Home Value | $217,657 |
| Average Home Value | $254,124 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
760
Multi-Family
40
Businesses
59
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
Single Family
Built in 1994
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51560, Oakland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 611 (66.0%) |
| Renter Occupied HU | 232 (25.1%) |
| Vacant Housing Units | 83 ( 9.0%) |
| Median Home Value | $217,657 |
| Average Home Value | $254,124 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
760
Multi-Family
40
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices