610 N Chestnut StAvocaIA51521
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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 Avoca at 610 N Chestnut St, Avoca, IA, 51521 at $125,000 posts ROI 25.03% with $177/mo cash flow from $989/mo rent. Total monthly income equals $989/mo, and annual cash flow records $2,124/yr on $41,438 to close. Return on cash invested measures 25.03% and rental yield reads 9.49% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 130.73% and total cumulative return in cash totals $54,173.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $989/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51521, Avoca, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 699 (68.4%) |
| Renter Occupied HU | 234 (22.9%) |
| Vacant Housing Units | 89 ( 8.7%) |
| Median Home Value | $221,701 |
| Average Home Value | $236,273 |
Housing Distribution
Address Breakdown
Residential
649
Single Family
629
Multi-Family
20
Businesses
87
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Listed by: Christina Salvo • Menke Auction & Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326481
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.