29714 190th StHoney CreekIA51542
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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 Honey Creek at 29714 190th St, Honey Creek, IA, 51542 listed at $395,000 pairs $1,910/mo rent with a $1,933/mo payment. Total monthly income runs $1,910/mo. Return on cash invested measures 13.91% in year one, and rental yield registers 5.8% 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 71.05% and total cumulative return in cash totals $93,030. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,910/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 1956
4.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51542, Honey Creek, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 353 (88.0%) |
| Renter Occupied HU | 34 ( 8.5%) |
| Vacant Housing Units | 14 ( 3.5%) |
| Median Home Value | $364,904 |
| Average Home Value | $405,623 |
Housing Distribution
Address Breakdown
Residential
414
Single Family
413
Multi-Family
1
Businesses
4
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Listed by: Ryan Beck • BHHS Ambassador Real Estate
Mls Name: SWIAR
Mls ID: #25-944
Disclaimer: Copyright Southwest Iowa Association of Realtors. All rights reserved. Data is deemed reliable but is not guaranteed accurate by the MLS.