1419 Locust 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
Rental property for sale in Hull at 1419 Locust St, Hull, IA, 51239 priced at $163,470 pairs $1,390/mo rent with $328/mo cash flow after a $800/mo payment. Total monthly income equals $1,390/mo, and annual cash flow comes to $3,941/yr on $54,190 invested. Return on cash invested is 27.18% in year one, and rental yield stands at 10.2% on a $163,470 basis. Equity gained on principal adds $1,055/yr, and 5% annual appreciation accumulates to $45,164 by year five. Five-year ROI measures 142.3% and total cumulative return in cash reaches $77,111. For financing, Ziffy Mortgage’s DSCR program evaluates $1,390/mo property income against a $800/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
6,700 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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