709 6th StParkersburgIA50665
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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 Parkersburg at 709 6th St, Parkersburg, IA, 50665 offers a 11.55% rental yield on a $204,800 purchase with $1,972/mo rent. Total monthly income registers $1,972/mo, and a $1,002/mo payment leaves $642/mo available for distribution. Annual cash flow reaches $7,708/yr on $67,891 to close, and return on cash invested stands at 31.26% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,582 over five years. Portfolio math shows five-year ROI at 164.16% and total cumulative return in cash at $111,447. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,972/mo property income against a $1,002/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50665, Parkersburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 1,008 (74.4%) |
| Renter Occupied HU | 236 (17.4%) |
| Vacant Housing Units | 111 ( 8.2%) |
| Median Home Value | $229,118 |
| Average Home Value | $246,528 |
Housing Distribution
Address Breakdown
Residential
1,177
Single Family
1,118
Multi-Family
59
Businesses
98
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A