607 N Elm StAvocaIA51521
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
Investment Highlights
Investment property for sale in Avoca at 607 N Elm St, Avoca, IA, 51521 with 5% annual appreciation on a $255,900 basis while $2,309/mo rent supports operations. Total monthly income totals $2,309/mo and a $1,253/mo payment preserves $647/mo for cash returns. Annual cash flow comes to $7,759/yr on $84,831 deployed, and return on cash invested reaches 29.06% in year one. Equity gained on principal adds $1,651/yr, and five-year appreciation sums $70,700 alongside rental yield of 10.83%. Five-year ROI measures 152.31% and total cumulative return in cash totals $129,206.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,309/mo property income versus a $1,253/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51521, Avoca, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 699 (68.4%) |
| Renter Occupied HU | 234 (22.9%) |
| Vacant Housing Units | 89 ( 8.7%) |
| Median Home Value | $221,701 |
| Average Home Value | $236,273 |
Housing Distribution
Address Breakdown
Residential
649
Single Family
629
Multi-Family
20
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices