17 3rd AveNewhallIA52315
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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
Rental property for sale in Newhall at 17 3rd Ave, Newhall, IA, 52315 generates $1,506/mo in rent and, after a $1,065/mo payment, leaves $93/mo in cash flow. Total monthly income is $1,506/mo, and annual cash flow is $1,116/yr on $72,101 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 8.31% on a $217,500 entry. Equity gained on principal adds $1,403/yr, while 5% annual appreciation builds toward $60,091 over five years. Five-year ROI reaches 111.54% and total cumulative return in cash sums $80,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,506/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52315, Newhall, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 424 (81.7%) |
| Renter Occupied HU | 84 (16.2%) |
| Vacant Housing Units | 11 ( 2.1%) |
| Median Home Value | $226,744 |
| Average Home Value | $259,133 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
304
Multi-Family
28
Businesses
25
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Listed by: Steven Emig • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506407
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.