13489 Hickory BlvdDrakesvilleIA52552
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 13489 Hickory Blvd, Drakesville, IA, 52552 in Drakesville. Rental yield 0%. At $280,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $77,359 in new equity by year five, complemented by $2,579/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Drakesville market data in our database. Property projections are estimates.
Single Family
Built in 2018
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52552, Drakesville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 246 (72.4%) |
| Renter Occupied HU | 45 (13.2%) |
| Vacant Housing Units | 49 (14.4%) |
| Median Home Value | $194,643 |
| Average Home Value | $256,331 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2018
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52552, Drakesville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 246 (72.4%) |
| Renter Occupied HU | 45 (13.2%) |
| Vacant Housing Units | 49 (14.4%) |
| Median Home Value | $194,643 |
| Average Home Value | $256,331 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices