2664 160th StBelmondIA50421
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
Investment property for sale in Belmond at 2664 160th St, Belmond, IA, 50421 listed at $395,000 pairs $1,415/mo rent with a $1,933/mo payment. Total monthly income runs $1,415/mo. Return on cash invested measures 9.37% in year one, and rental yield registers 4.3% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 46.72% and total cumulative return in cash totals $61,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,415/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50421, Belmond, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,443 (100%) |
| Owner Occupied HU | 943 (65.3%) |
| Renter Occupied HU | 322 (22.3%) |
| Vacant Housing Units | 178 (12.3%) |
| Median Home Value | $128,194 |
| Average Home Value | $183,953 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,211
Multi-Family
125
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices