610 7th AveAckleyIA50601
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 610 7th Ave, Ackley, IA, 50601 in Ackley worth study. Rental yield 3.46%. The 3.46% gross yield is below cash-flow benchmarks at $229,000, but 5% annual appreciation, adding $63,268 over five years, frames this as a capital growth position. Rent of $660/mo partially offsets the $1,030/mo payment. Ziffy Mortgage finances appreciation-play properties (0.64 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $33,906.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 7.0% |
| Monthly Cash Flow | $(827) | $350 |
City averages based on Ackley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $660 |
| Total Monthly Debt Service | $1,396 |
| DSCR Ratio | 0.47x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1918
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50601, Ackley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,156 (100%) |
| Owner Occupied HU | 816 (70.6%) |
| Renter Occupied HU | 206 (17.8%) |
| Vacant Housing Units | 134 (11.6%) |
| Median Home Value | $145,833 |
| Average Home Value | $163,444 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
998
Multi-Family
11
Businesses
90
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
Single Family
Built in 1918
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50601, Ackley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,156 (100%) |
| Owner Occupied HU | 816 (70.6%) |
| Renter Occupied HU | 206 (17.8%) |
| Vacant Housing Units | 134 (11.6%) |
| Median Home Value | $145,833 |
| Average Home Value | $163,444 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
998
Multi-Family
11
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices