711 6th StOnawaIA51040
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Onawa at 711 6th St, Onawa, IA, 51040 offers a 7.93% rental yield on a $189,900 purchase with $1,255/mo rent. Total monthly income registers $1,255/mo, and a $929/mo payment leaves $22/mo available for distribution. Annual cash flow reaches $266/yr on $62,952 to close, and return on cash invested stands at 20.33% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 105.56% and total cumulative return in cash at $66,449. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,255/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51040, Onawa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,799 (100%) |
| Owner Occupied HU | 1,076 (59.8%) |
| Renter Occupied HU | 497 (27.6%) |
| Vacant Housing Units | 226 (12.6%) |
| Median Home Value | $150,485 |
| Average Home Value | $167,786 |
Housing Distribution
Address Breakdown
Residential
1,566
Single Family
1,465
Multi-Family
101
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices