1608 1st 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 1608 1st St, Hull, IA, 51239 earns $244/mo cash flow from $1,543/mo rent with a $979/mo payment. Total monthly income totals $1,543/mo, and annual cash flow totals $2,928/yr on $66,300 capital. ROI tracks 24.33% on current figures, and rental yield reads 9.26% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 126.93% and total cumulative return in cash sums $84,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,543/mo property income instead of your personal income.
Single Family
Built in 1900
0.88 Acres 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: #829154
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.