606 10th AveAckleyIA50601
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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 Ackley at 606 10th Ave, Ackley, IA, 50601 generates $2,142/mo in rent and, after a $1,272/mo payment, leaves $454/mo in cash flow. Total monthly income is $2,142/mo, and annual cash flow is $5,450/yr on $86,157 invested. Return on cash invested sits at 26.23% in year one, and rental yield is 9.89% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash sums $118,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,142/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50601, Ackley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,156 (100%) |
| Owner Occupied HU | 816 (70.6%) |
| Renter Occupied HU | 206 (17.8%) |
| Vacant Housing Units | 134 (11.6%) |
| Median Home Value | $145,833 |
| Average Home Value | $163,444 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
998
Multi-Family
11
Businesses
90
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