238 S Maple AveNew HamptonIA50659
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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 New Hampton at 238 S Maple Ave, New Hampton, IA, 50659 priced at $152,400 pairs $1,777/mo rent with $787/mo cash flow after a $746/mo payment. Total monthly income equals $1,777/mo, and annual cash flow comes to $9,446/yr on $50,521 invested. Return on cash invested is 38.61% in year one, and rental yield stands at 13.99% on a $152,400 basis. Equity gained on principal adds $983/yr, and 5% annual appreciation accumulates to $42,105 by year five. Five-year ROI measures 203.59% and total cumulative return in cash reaches $102,855. For financing, Ziffy Mortgage’s DSCR program evaluates $1,777/mo property income against a $746/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50659, New Hampton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,676 (68.4%) |
| Renter Occupied HU | 537 (21.9%) |
| Vacant Housing Units | 236 ( 9.6%) |
| Median Home Value | $202,222 |
| Average Home Value | $232,090 |
Housing Distribution
Address Breakdown
Residential
2,286
Single Family
2,186
Multi-Family
100
Businesses
249
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Listed by: N/A • N/A
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