609 Linden StOaklandIA51560
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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
Investment property for sale in Oakland at 609 Linden St, Oakland, IA, 51560 earns $128/mo cash flow from $1,180/mo rent with a $793/mo payment. Total monthly income totals $1,180/mo, and annual cash flow totals $1,534/yr on $53,703 capital. ROI tracks 22.76% on current figures, and rental yield reads 8.74% at a $162,000 purchase. Equity gained on principal adds $1,045/yr, and 5% annual appreciation supports $44,758 over five years. Five-year ROI reaches 118.55% and total cumulative return in cash sums $63,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,180/mo property income instead of your personal income.
Single Family
Built in 1875
9,583 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
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