119 Williams CirHillsIA52235
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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 Hills at 119 Williams Cir, Hills, IA, 52235 priced at $279,900 converts $2,461/mo rent into $643/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,461/mo, and annual cash flow totals $7,718/yr on $92,787 invested. Return on cash invested prints 28.23% in year one, and rental yield reads 10.55% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 147.89% and total cumulative return in cash sums $137,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,461/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52235, Hills, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 439 (100%) |
| Owner Occupied HU | 299 (68.1%) |
| Renter Occupied HU | 119 (27.1%) |
| Vacant Housing Units | 21 ( 4.8%) |
| Median Home Value | $242,822 |
| Average Home Value | $272,182 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
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