607 Ridgeview Way, Atkins, IA, 52206 | $364/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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607 Ridgeview Way, Atkins, IA, 52206 | $364/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Atkins at 607 Ridgeview Way, Atkins, IA, 52206 priced at $385,000 pairs $2,864/mo rent with $364/mo cash flow after a $1,884/mo payment. Total monthly income equals $2,864/mo, and annual cash flow comes to $4,368/yr on $127,628 invested. Return on cash invested is 23.33% in year one, and rental yield stands at 8.93% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 121.58% and total cumulative return in cash reaches $155,170. For financing, Ziffy Mortgage’s DSCR program evaluates $2,864/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2006

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

PHOTOS COMING Tuesday, October 14! Now is the time to make your move! This beautiful 5-bedroom home offers an open, inviting floor plan perfect for everyday living and entertaining. The main level features a spacious entryway and real hardwood flooring throughout the kitchen, dining area, laundry room, and half bath conveniently located off the 3-car attached garage. Enjoy the bright, open living room with a cozy gas fireplace that flows seamlessly into the kitchen and dining area. Step out from the dining space onto the HUGE maintenance-free deck (new in 2021) overlooking the fully fenced backyard - ideal for relaxing or hosting get-togethers! The main level also includes three bedrooms, including the primary suite with a private ensuite bath. The lower level offers even more space with a large rec room, a wet bar, two additional bedrooms, a third full bath, and plenty of storage. Youll love the added convenience of interior stairs from the garage to the lower level - a sought-after feature that makes this home truly stand out. Dont wait, this one wont last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52206, Atkins, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	997 (100%)
Owner Occupied HU	854 (85.7%)
Renter Occupied HU	84 ( 8.4%)
Vacant Housing Units	59 ( 5.9%)
Median Home Value	$306,997
Average Home Value	$307,579