1157 Willow Plan, Willow HillsGrimesIA50111
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 Grimes at 1157 Willow Plan, Willow Hills, Grimes, IA, 50111 offers $3,826/mo rent that, after a $3,989/mo payment. Total monthly income is $3,826/mo. Return on cash invested measures 13.49% in year one, and rental yield stands at 5.63% at a $815,000 entry. Equity gained on principal adds $5,259/yr while 5% annual appreciation compounds into $225,169 by year five. Five-year ROI records 68.81% and total cumulative return in cash reaches $184,501. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,826/mo property income versus a $3,989/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50111, Grimes, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,438 (100%) |
| Owner Occupied HU | 5,041 (67.8%) |
| Renter Occupied HU | 1,944 (26.1%) |
| Vacant Housing Units | 453 ( 6.1%) |
| Median Home Value | $352,789 |
| Average Home Value | $397,644 |
Housing Distribution
Address Breakdown
Residential
7,220
Single Family
6,963
Multi-Family
257
Businesses
595
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