2830 Prairie Wind CtHiawathaIA52233
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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 Hiawatha at 2830 Prairie Wind Ct, Hiawatha, IA, 52233 listed at $379,990 pairs $2,631/mo rent with a $1,860/mo payment to leave $155/mo cash flow. Total monthly income runs $2,631/mo, and annual cash flow reaches $1,856/yr on $125,967 cash to close. Return on cash invested measures 21.38% in year one, and rental yield registers 8.31% at a $379,990 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,984 by year five. Five-year ROI tracks 111.17% and total cumulative return in cash totals $140,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,631/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52233, Hiawatha, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,235 (100%) |
| Owner Occupied HU | 1,934 (59.8%) |
| Renter Occupied HU | 1,107 (34.2%) |
| Vacant Housing Units | 194 ( 6.0%) |
| Median Home Value | $226,802 |
| Average Home Value | $227,545 |
Housing Distribution
Address Breakdown
Residential
3,357
Single Family
2,339
Multi-Family
1,018
Businesses
566
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Listed by: Kathryn Greer • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2508697
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.