145 Hackberry DrPaloIA52324
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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 Palo at 145 Hackberry Dr, Palo, IA, 52324 at $279,900 posts ROI 21.85% with $150/mo cash flow from $2,118/mo rent. Total monthly income equals $2,118/mo, and annual cash flow records $1,802/yr on $92,787 to close. Return on cash invested measures 21.85% and rental yield reads 9.08% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 114.39% and total cumulative return in cash totals $106,141.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,118/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
7,500 sqft lot
$N/A/sqft
$150 monthly HOA
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Listed by: Jeremy Trenkamp • Coldwell Banker Hedges Corridor
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202406673
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it 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 accurate by the MLS.