711 E Chubb StAlgonaIA50511
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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 Algona at 711 E Chubb St, Algona, IA, 50511 with 5% annual appreciation on a $230,000 basis while $690/mo rent supports operations. 26% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 3.6%. Five-year ROI measures 35.37% and total cumulative return in cash totals $26,971. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $690/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50511, Algona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,327 (100%) |
| Owner Occupied HU | 2,152 (64.7%) |
| Renter Occupied HU | 824 (24.8%) |
| Vacant Housing Units | 351 (10.6%) |
| Median Home Value | $209,187 |
| Average Home Value | $256,150 |
Housing Distribution
Address Breakdown
Residential
3,261
Single Family
2,872
Multi-Family
389
Businesses
464
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