619 Depoe StAldenIA50006
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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
Rental property for sale in Alden at 619 Depoe St, Alden, IA, 50006 generates $1,440/mo in rent and, after a $822/mo payment, leaves $349/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $4,192/yr on $55,659 invested. Return on cash invested sits at 27.44% in year one, and rental yield is 10.29% on a $167,900 entry. Equity gained on principal adds $1,083/yr, while 5% annual appreciation builds toward $46,388 over five years. Five-year ROI reaches 143.69% and total cumulative return in cash sums $79,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50006, Alden, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 753 (100%) |
| Owner Occupied HU | 508 (67.5%) |
| Renter Occupied HU | 157 (20.8%) |
| Vacant Housing Units | 88 (11.7%) |
| Median Home Value | $131,250 |
| Average Home Value | $177,303 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
41
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Listed by: Emily Kruckenberg • Jennings Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321731
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.