26011 216th AveDelhiIA52223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Delhi at 26011 216th Ave, Delhi, IA, 52223 generates $1,241/mo in rent, after a $1,835/mo payment. Total monthly income is $1,241/mo. Return on cash invested sits at 8.38% in year one, and rental yield is 3.97% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 41.41% and total cumulative return in cash sums $51,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,241/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52223, Delhi, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 581 (52.0%) |
| Renter Occupied HU | 73 ( 6.5%) |
| Vacant Housing Units | 464 (41.5%) |
| Median Home Value | $303,398 |
| Average Home Value | $477,629 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices