791 6th AveCoon RapidsIA50058
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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 Coon Rapids at 791 6th Ave, Coon Rapids, IA, 50058 generates $1,528/mo in rent and, after a $881/mo payment, leaves $359/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $4,308/yr on $59,670 invested. Return on cash invested sits at 27.13% in year one, and rental yield is 10.19% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 141.93% and total cumulative return in cash sums $84,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50058, Coon Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 624 (71.7%) |
| Renter Occupied HU | 151 (17.4%) |
| Vacant Housing Units | 95 (10.9%) |
| Median Home Value | $165,234 |
| Average Home Value | $211,130 |
Housing Distribution
Address Breakdown
Residential
811
Single Family
804
Multi-Family
7
Businesses
83
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Nearby investment properties with comparable prices
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