653 E 6th StAureliaIA51005
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 653 E 6th St, Aurelia, IA, 51005 in Aurelia is priced for capital growth, not immediate cash flow. The $210,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $58,019 by year five, with $1,934/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Aurelia market data in our database. Property projections are estimates.
Condo
Built in 1984
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51005, Aurelia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 497 (75.5%) |
| Renter Occupied HU | 94 (14.3%) |
| Vacant Housing Units | 67 (10.2%) |
| Median Home Value | $163,500 |
| Average Home Value | $199,628 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Condo
Built in 1984
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51005, Aurelia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 497 (75.5%) |
| Renter Occupied HU | 94 (14.3%) |
| Vacant Housing Units | 67 (10.2%) |
| Median Home Value | $163,500 |
| Average Home Value | $199,628 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices