1208 2nd StHullIA51239
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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
Investment property for sale in Hull at 1208 2nd St, Hull, IA, 51239 listed at $205,000 pairs $1,506/mo rent with a $1,003/mo payment to leave $175/mo cash flow. Total monthly income runs $1,506/mo, and annual cash flow reaches $2,100/yr on $67,958 cash to close. Return on cash invested measures 23% in year one, and rental yield registers 8.82% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 119.8% and total cumulative return in cash totals $81,414. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,506/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51239, Hull, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,254 (100%) |
| Owner Occupied HU | 981 (78.2%) |
| Renter Occupied HU | 189 (15.1%) |
| Vacant Housing Units | 84 ( 6.7%) |
| Median Home Value | $259,886 |
| Average Home Value | $318,163 |
Housing Distribution
Address Breakdown
Residential
1,105
Single Family
1,055
Multi-Family
50
Businesses
102
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