1 Rainbow DrHumboldtIA50548
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 Humboldt at 1 Rainbow Dr, Humboldt, IA, 50548 offers $896/mo rent that, after a $582/mo payment, leaves $124/mo cash flow. Total monthly income is $896/mo, and annual cash flow is $1,483/yr on $39,449 cash. Return on cash invested measures 23.67% in year one, and rental yield stands at 9.04% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 123.42% and total cumulative return in cash reaches $48,689. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $896/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50548, Humboldt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,725 (100%) |
| Owner Occupied HU | 1,730 (63.5%) |
| Renter Occupied HU | 735 (27.0%) |
| Vacant Housing Units | 260 ( 9.5%) |
| Median Home Value | $186,927 |
| Average Home Value | $232,088 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,288
Multi-Family
271
Businesses
288
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