812 N Chestnut StAvocaIA51521
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
Rental property for sale in Avoca at 812 N Chestnut St, Avoca, IA, 51521 priced at $227,100 converts $1,427/mo rent into after a $1,112/mo obligation. Total monthly income equals $1,427/mo. Return on cash invested prints 19.14% in year one, and rental yield reads 7.54% against a $227,100 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation compiles into $62,744 by year five. Five-year ROI reaches 99.14% and total cumulative return in cash sums $74,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,427/mo property income covering a $1,112/mo payment, not borrower’s personal income.
Single Family
Built in 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51521, Avoca, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 699 (68.4%) |
| Renter Occupied HU | 234 (22.9%) |
| Vacant Housing Units | 89 ( 8.7%) |
| Median Home Value | $221,701 |
| Average Home Value | $236,273 |
Housing Distribution
Address Breakdown
Residential
649
Single Family
629
Multi-Family
20
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices