1569 Summit RdHumestonIA50123
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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 Humeston at 1569 Summit Rd, Humeston, IA, 50123 listed at $209,000 pairs $1,303/mo rent with a $1,023/mo payment. Total monthly income runs $1,303/mo. Return on cash invested measures 18.97% in year one, and rental yield registers 7.48% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Five-year ROI tracks 98.22% and total cumulative return in cash totals $68,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,303/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50123, Humeston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 419 (100%) |
| Owner Occupied HU | 285 (68.0%) |
| Renter Occupied HU | 60 (14.3%) |
| Vacant Housing Units | 74 (17.7%) |
| Median Home Value | $154,167 |
| Average Home Value | $219,588 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
41
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