609 W 2nd StAltaIA51002
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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 Alta at 609 W 2nd St, Alta, IA, 51002 earns from $0/mo rent with a $587/mo payment. Total monthly income totals $0/mo. ROI tracks -3.59% on current figures, and rental yield reads 0% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51002, Alta, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 862 (71.5%) |
| Renter Occupied HU | 242 (20.1%) |
| Vacant Housing Units | 102 ( 8.5%) |
| Median Home Value | $195,513 |
| Average Home Value | $278,274 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,063
Multi-Family
78
Businesses
54
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