1495 Hickory AveNew SharonIA50207
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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
Total monthly income runs $1,938/mo, and a $1,950/mo payment. Purchase price stands at $398,500, and rental yield measures 5.84% with $1,938/mo rent. Return on cash invested shows 14.01% in year one, and 5% annual appreciation builds toward $110,098 over five years. Five-year ROI reaches 71.62% and total cumulative return in cash records $94,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,938/mo property income covering a $1,950/mo payment rather than investor’s personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50207, New Sharon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,045 (100%) |
| Owner Occupied HU | 732 (70.0%) |
| Renter Occupied HU | 206 (19.7%) |
| Vacant Housing Units | 107 (10.2%) |
| Median Home Value | $230,159 |
| Average Home Value | $291,499 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
684
Multi-Family
35
Businesses
64
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Listed by: Rachel Tiskevics • EXP Realty, LLC
Mls Name: DMMLS
Mls ID: #728848