706 N Arlington StAudubonIA50025
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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 Audubon at 706 N Arlington St, Audubon, IA, 50025 priced at $245,000 pairs $1,762/mo rent with $171/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,762/mo, and annual cash flow comes to $2,052/yr on $81,218 invested. Return on cash invested is 22.44% in year one, and rental yield stands at 8.63% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 116.78% and total cumulative return in cash reaches $94,848. For financing, Ziffy Mortgage’s DSCR program evaluates $1,762/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
8,276 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
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Listed by: Genelle Deist • Southwest Iowa Real Estate Co
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325240
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.