28321 S Ridge RdHintonIA51024
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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 Hinton at 28321 S Ridge Rd, Hinton, IA, 51024 earns from $3,672/mo rent with a $2,912/mo payment. Total monthly income totals $3,672/mo. ROI tracks 18.88% on current figures, and rental yield reads 7.41% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 97.71% and total cumulative return in cash sums $191,270. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,672/mo property income instead of your personal income.
Single Family
Built in 1972
5.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51024, Hinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 710 (81.6%) |
| Renter Occupied HU | 97 (11.1%) |
| Vacant Housing Units | 63 ( 7.2%) |
| Median Home Value | $345,494 |
| Average Home Value | $403,951 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
47
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