611 Orange StTaborIA51653
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
Investment Highlights
Rental property for sale in Tabor at 611 Orange St, Tabor, IA, 51653 offers $1,010/mo rent that, after a $612/mo payment, leaves $198/mo cash flow. Total monthly income is $1,010/mo, and annual cash flow is $2,376/yr on $41,438 cash. Return on cash invested measures 25.64% in year one, and rental yield stands at 9.7% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 133.98% and total cumulative return in cash reaches $55,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,010/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51653, Tabor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 404 (71.8%) |
| Renter Occupied HU | 110 (19.5%) |
| Vacant Housing Units | 49 ( 8.7%) |
| Median Home Value | $238,636 |
| Average Home Value | $270,885 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
258
Multi-Family
0
Businesses
50
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