620 N Hall StAlgonaIA50511
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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 Algona at 620 N Hall St, Algona, IA, 50511 priced at $100,000 pairs $690/mo rent with $41/mo cash flow after a $489/mo payment. Total monthly income equals $690/mo, and annual cash flow comes to $492/yr on $33,150 invested. Return on cash invested is 21.39% in year one, and rental yield stands at 8.28% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 111.18% and total cumulative return in cash reaches $36,856. For financing, Ziffy Mortgage’s DSCR program evaluates $690/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50511, Algona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,327 (100%) |
| Owner Occupied HU | 2,152 (64.7%) |
| Renter Occupied HU | 824 (24.8%) |
| Vacant Housing Units | 351 (10.6%) |
| Median Home Value | $209,187 |
| Average Home Value | $256,150 |
Housing Distribution
Address Breakdown
Residential
3,261
Single Family
2,872
Multi-Family
389
Businesses
464
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