16506 Gail DrHoney CreekIA51542








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 Honey Creek at 16506 Gail Dr, Honey Creek, IA, 51542 earns from $2,915/mo rent with a $3,279/mo payment. Total monthly income totals $2,915/mo. ROI tracks 11.7% on current figures, and rental yield reads 5.22% at a $669,900 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,081 over five years. Five-year ROI reaches 59.4% and total cumulative return in cash sums $130,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,915/mo property income instead of your personal income.
Single Family
Built in 1995
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51542, Honey Creek, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 353 (88.0%) |
| Renter Occupied HU | 34 ( 8.5%) |
| Vacant Housing Units | 14 ( 3.5%) |
| Median Home Value | $364,904 |
| Average Home Value | $405,623 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
413
Multi-Family
1
Businesses
4
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Nearby investment properties with comparable prices



Listed by: Michelle Hiers • Better Homes and Gardens Real Estate The Good Life Group
Mls Name: SWIAR
Mls ID: #25-1729
Disclaimer: Copyright Southwest Iowa Association of Realtors. All rights reserved. Data is deemed reliable but is not guaranteed accurate by the MLS.







