1079 Lyndhurst DrHiawathaIA52233
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 Hiawatha at 1079 Lyndhurst Dr, Hiawatha, IA, 52233 priced at $368,500 converts $3,406/mo rent into $1,012/mo cash flow after a $1,804/mo obligation. Total monthly income equals $3,406/mo, and annual cash flow totals $12,149/yr on $122,158 invested. Return on cash invested prints 29.85% in year one, and rental yield reads 11.09% against a $368,500 entry. Equity gained on principal adds $2,378/yr, while 5% annual appreciation compiles into $101,810 by year five. Five-year ROI reaches 156.59% and total cumulative return in cash sums $191,282. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,406/mo property income covering a $1,804/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52233, Hiawatha, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 1,934 (59.8%) |
| Renter Occupied HU | 1,107 (34.2%) |
| Vacant Housing Units | 194 ( 6.0%) |
| Median Home Value | $226,802 |
| Average Home Value | $227,545 |
Housing Distribution
Address Breakdown
Residential
3,357
Single Family
2,339
Multi-Family
1,018
Businesses
566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Fischer • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406830
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.