1606 Hackenberry PlGrangerIA50109
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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 Granger at 1606 Hackenberry Pl, Granger, IA, 50109 offers a 7.56% rental yield on a $380,000 purchase with $2,395/mo rent. 32% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 95.07% and total cumulative return in cash at $119,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,395/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50109, Granger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 1,277 (86.3%) |
| Renter Occupied HU | 110 ( 7.4%) |
| Vacant Housing Units | 92 ( 6.2%) |
| Median Home Value | $400,512 |
| Average Home Value | $482,952 |
Housing Distribution
Address Breakdown
Residential
1,339
Single Family
1,338
Multi-Family
1
Businesses
69
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Listed by: Escher, Jake • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls Provider:
Mls ID: #714685
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.