208 Cascade St SEHopkintonIA52237
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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 Hopkinton at 208 Cascade St SE, Hopkinton, IA, 52237 listed at $128,600 pairs $1,356/mo rent with a $629/mo payment to leave $521/mo cash flow. Total monthly income runs $1,356/mo, and annual cash flow reaches $6,255/yr on $42,631 cash to close. Return on cash invested measures 34.58% in year one, and rental yield registers 12.65% at a $128,600 basis. Equity gained on principal adds $830/yr, and annual property appreciation at 5% supports $35,530 by year five. Five-year ROI tracks 182% and total cumulative return in cash totals $77,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,356/mo property income relative to a $629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52237, Hopkinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 645 (100%) |
| Owner Occupied HU | 507 (78.6%) |
| Renter Occupied HU | 86 (13.3%) |
| Vacant Housing Units | 52 ( 8.1%) |
| Median Home Value | $172,418 |
| Average Home Value | $287,214 |
Housing Distribution
Address Breakdown
Residential
497
Single Family
497
Multi-Family
0
Businesses
32
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Listed by: Outside MLS • DUBUQUE BOARD OF REALTORS
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #153010
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.