901 3rd AveArmstrongIA50514
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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 Armstrong at 901 3rd Ave, Armstrong, IA, 50514 earns $213/mo cash flow from $1,395/mo rent with a $891/mo payment. Total monthly income totals $1,395/mo, and annual cash flow totals $2,554/yr on $60,333 capital. ROI tracks 24.14% on current figures, and rental yield reads 9.2% at a $182,000 purchase. Equity gained on principal adds $1,174/yr, and 5% annual appreciation supports $50,283 over five years. Five-year ROI reaches 125.96% and total cumulative return in cash sums $75,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,395/mo property income instead of your personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50514, Armstrong, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 667 (100%) |
| Owner Occupied HU | 458 (68.7%) |
| Renter Occupied HU | 123 (18.4%) |
| Vacant Housing Units | 86 (12.9%) |
| Median Home Value | $125,714 |
| Average Home Value | $174,203 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
486
Multi-Family
0
Businesses
45
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