105 Hillcrest StRaymondIA50667
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 Raymond at 105 Hillcrest St, Raymond, IA, 50667 offers a 8.58% rental yield on a $182,999 purchase with $1,309/mo rent. Total monthly income registers $1,309/mo, and a $896/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,442/yr on $60,664 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $1,181/yr while 5% annual appreciation supports $50,559 over five years. Portfolio math shows five-year ROI at 116.05% and total cumulative return in cash at $70,402. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,309/mo property income against a $896/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50667, Raymond, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 285 (88.5%) |
| Renter Occupied HU | 23 ( 7.1%) |
| Vacant Housing Units | 14 ( 4.3%) |
| Median Home Value | $260,985 |
| Average Home Value | $260,763 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
21
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