608 Sunset Ave, Red Oak, IA, 51566 | 6.11% Rental Yield

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

Total monthly income runs $840/mo, and a $808/mo payment. Purchase price stands at $165,000, and rental yield measures 6.11% with $840/mo rent. Return on cash invested shows 14.82% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 75.93% and total cumulative return in cash records $41,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $808/mo payment rather than investor’s personal income.

Single Family

Built in 1967

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51566, Red Oak, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,302 (100%)
Owner Occupied HU	1,939 (58.7%)
Renter Occupied HU	935 (28.3%)
Vacant Housing Units	428 (13.0%)
Median Home Value	$134,691
Average Home Value	$178,734