1422 Division 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
Investment property for sale in Hull at 1422 Division St, Hull, IA, 51239 uses $76,245 cash to close to unlock $3,252/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $1,126/mo payment keeps the spread at $271/mo. Purchase price stands at $230,000, and rental yield measures 9.21% with $1,765/mo rent. Return on cash invested shows 24.17% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 126.11% and total cumulative return in cash records $96,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1960
7,500 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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Listed by: Dorinda Oostenink • Epic Realty Inc.
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828160
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.