631 South StAkronIA51001
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 Akron at 631 South St, Akron, IA, 51001 priced at $365,000 pairs $2,756/mo rent with $386/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,756/mo, and annual cash flow comes to $4,632/yr on $120,998 invested. Return on cash invested is 23.74% in year one, and rental yield stands at 9.06% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 123.76% and total cumulative return in cash reaches $149,743. For financing, Ziffy Mortgage’s DSCR program evaluates $2,756/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51001, Akron, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,004 (100%) |
| Owner Occupied HU | 719 (71.6%) |
| Renter Occupied HU | 217 (21.6%) |
| Vacant Housing Units | 68 ( 6.8%) |
| Median Home Value | $186,895 |
| Average Home Value | $219,075 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
840
Multi-Family
36
Businesses
74
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