705 Mulberry StAtlanticIA50022
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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
Investment property for sale in Atlantic at 705 Mulberry St, Atlantic, IA, 50022 at $197,000 posts ROI 24.55% with $253/mo cash flow from $1,532/mo rent. Total monthly income equals $1,532/mo, and annual cash flow records $3,034/yr on $65,306 to close. Return on cash invested measures 24.55% and rental yield reads 9.33% at the current $197,000. Equity gained on principal adds $1,271/yr, and 5% annual appreciation supports $54,427 by year five. Five-year ROI prints 128.17% and total cumulative return in cash totals $83,702.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,532/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50022, Atlantic, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,911 (100%) |
| Owner Occupied HU | 2,454 (62.7%) |
| Renter Occupied HU | 1,141 (29.2%) |
| Vacant Housing Units | 316 ( 8.1%) |
| Median Home Value | $167,337 |
| Average Home Value | $225,992 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,386
Multi-Family
372
Businesses
430
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