2824 212th AveDelhiIA52223
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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 Delhi at 2824 212th Ave, Delhi, IA, 52223 offers a 0% rental yield on a $480,000 purchase with $0/mo rent. 99% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
3.05 Acres 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
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Listed by: Doug Hensley • Hertz Real Estate Services
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326732
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