1404 Washington StHamburgIA51640
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
Investment Highlights
Investment property for sale in Hamburg at 1404 Washington St, Hamburg, IA, 51640 offers a 0% rental yield on a $197,500 purchase with $0/mo rent. 61% in year one. Equity gained on principal adds $1,274/yr while 5% annual appreciation supports $54,566 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $967/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51640, Hamburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 416 (63.0%) |
| Renter Occupied HU | 111 (16.8%) |
| Vacant Housing Units | 133 (20.2%) |
| Median Home Value | $150,000 |
| Average Home Value | $205,361 |
Housing Distribution
Address Breakdown
Residential
571
Single Family
571
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices