2401 Main StHamburgIA51640
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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 Hamburg at 2401 Main St, Hamburg, IA, 51640 generates $1,369/mo in rent and, after a $793/mo payment, leaves $317/mo in cash flow. Total monthly income is $1,369/mo, and annual cash flow is $3,802/yr on $53,703 invested. Return on cash invested sits at 26.99% in year one, and rental yield is 10.14% on a $162,000 entry. Equity gained on principal adds $1,045/yr, while 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 141.23% and total cumulative return in cash sums $75,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,369/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51640, Hamburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 416 (63.0%) |
| Renter Occupied HU | 111 (16.8%) |
| Vacant Housing Units | 133 (20.2%) |
| Median Home Value | $150,000 |
| Average Home Value | $205,361 |
Housing Distribution
Address Breakdown
Residential
571
Single Family
571
Multi-Family
0
Businesses
47
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