702 E Division StAudubonIA50025
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 702 E Division St, Audubon, IA, 50025 in Audubon is priced for capital growth, not immediate cash flow. The $110,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $30,391 by year five, with $1,013/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% | 7.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Audubon market data in our database. Property projections are estimates.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50025, Audubon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,088 (70.9%) |
| Renter Occupied HU | 264 (17.2%) |
| Vacant Housing Units | 183 (11.9%) |
| Median Home Value | $134,211 |
| Average Home Value | $237,137 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,354
Multi-Family
12
Businesses
155
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
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50025, Audubon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,088 (70.9%) |
| Renter Occupied HU | 264 (17.2%) |
| Vacant Housing Units | 183 (11.9%) |
| Median Home Value | $134,211 |
| Average Home Value | $237,137 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,354
Multi-Family
12
Businesses
155
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices