123 Hillcrest AveGlenwoodIA51534
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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 Glenwood at 123 Hillcrest Ave, Glenwood, IA, 51534 listed at $200,000 pairs $1,674/mo rent with a $979/mo payment to leave $375/mo cash flow. Total monthly income runs $1,674/mo, and annual cash flow reaches $4,500/yr on $66,300 cash to close. Return on cash invested measures 26.7% in year one, and rental yield registers 10.04% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 139.63% and total cumulative return in cash totals $92,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51534, Glenwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,710 (71.4%) |
| Renter Occupied HU | 742 (19.5%) |
| Vacant Housing Units | 346 ( 9.1%) |
| Median Home Value | $262,868 |
| Average Home Value | $330,174 |
Housing Distribution
Address Breakdown
Residential
3,620
Single Family
3,603
Multi-Family
17
Businesses
225
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