1420 Central AveHawardenIA51023
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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 Hawarden at 1420 Central Ave, Hawarden, IA, 51023 with 5% annual appreciation on a $138,500 basis while $1,517/mo rent supports operations. Total monthly income totals $1,517/mo and a $678/mo payment preserves $617/mo for cash returns. Annual cash flow comes to $7,409/yr on $45,913 deployed, and return on cash invested reaches 36.05% in year one. Equity gained on principal adds $894/yr, and five-year appreciation sums $38,265 alongside rental yield of 13.14%. Five-year ROI measures 189.85% and total cumulative return in cash totals $87,163.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,517/mo property income versus a $678/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1917
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51023, Hawarden, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 856 (64.7%) |
| Renter Occupied HU | 338 (25.5%) |
| Vacant Housing Units | 129 ( 9.8%) |
| Median Home Value | $164,333 |
| Average Home Value | $238,741 |
Housing Distribution
Address Breakdown
Residential
1,362
Single Family
1,270
Multi-Family
92
Businesses
128
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