907 6th St SEOrange CityIA51041
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 Orange City at 907 6th St SE, Orange City, IA, 51041 uses $125,639 cash to close to unlock $1,759/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $2,608/mo, and a $1,855/mo payment keeps the spread at $147/mo. Purchase price stands at $379,000, and rental yield measures 8.26% with $2,608/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 110.76% and total cumulative return in cash records $139,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,608/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1990
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51041, Orange City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,694 (100%) |
| Owner Occupied HU | 1,956 (72.6%) |
| Renter Occupied HU | 585 (21.7%) |
| Vacant Housing Units | 153 ( 5.7%) |
| Median Home Value | $278,455 |
| Average Home Value | $309,011 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,408
Multi-Family
178
Businesses
271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebekah Vander Stelt • Northwest Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827848
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.