1711 3rd St APT 2HullIA51239
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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 1711 3rd St APT 2, Hull, IA, 51239 earns $442/mo cash flow from $1,699/mo rent with a $759/mo payment. Total monthly income totals $1,699/mo, and annual cash flow totals $5,304/yr on $51,383 capital. ROI tracks 30.23% on current figures, and rental yield reads 13.15% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 160.71% and total cumulative return in cash sums $82,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,699/mo property income instead of your personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$250 monthly 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: Darla Van't Hul • 712 Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829584
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.