707 9th AveAckleyIA50601
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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 Ackley at 707 9th Ave, Ackley, IA, 50601 earns from $660/mo rent with a $978/mo payment. Total monthly income totals $660/mo. ROI tracks 8.36% on current figures, and rental yield reads 3.96% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 41.36% and total cumulative return in cash sums $27,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $660/mo property income instead of your personal income.
Single Family
Built in 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50601, Ackley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,156 (100%) |
| Owner Occupied HU | 816 (70.6%) |
| Renter Occupied HU | 206 (17.8%) |
| Vacant Housing Units | 134 (11.6%) |
| Median Home Value | $145,833 |
| Average Home Value | $163,444 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
998
Multi-Family
11
Businesses
90
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