2586 310th StLehighIA50557
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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 Lehigh at 2586 310th St, Lehigh, IA, 50557 offers a 3.41% rental yield on a $543,400 purchase with $1,542/mo rent. 72% in year one. Equity gained on principal adds $3,506/yr while 5% annual appreciation supports $150,131 over five years. Portfolio math shows five-year ROI at 32.49% and total cumulative return in cash at $58,094. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,542/mo property income against a $2,660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
15.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50557, Lehigh, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 354 (100%) |
| Owner Occupied HU | 249 (70.3%) |
| Renter Occupied HU | 64 (18.1%) |
| Vacant Housing Units | 41 (11.6%) |
| Median Home Value | $169,643 |
| Average Home Value | $194,649 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
11
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