302 West StNew HartfordIA50660
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 New Hartford at 302 West St, New Hartford, IA, 50660 earns $236/mo cash flow from $914/mo rent with a $511/mo payment. Total monthly income totals $914/mo, and annual cash flow totals $2,830/yr on $34,642 capital. ROI tracks 28.08% on current figures, and rental yield reads 10.5% at a $104,500 purchase. Equity gained on principal adds $674/yr, and 5% annual appreciation supports $28,871 over five years. Five-year ROI reaches 147.05% and total cumulative return in cash sums $50,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $914/mo property income instead of your personal income.
Single Family
Built in 1895
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50660, New Hartford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 562 (100%) |
| Owner Occupied HU | 430 (76.5%) |
| Renter Occupied HU | 96 (17.1%) |
| Vacant Housing Units | 36 ( 6.4%) |
| Median Home Value | $226,087 |
| Average Home Value | $246,872 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
18
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Nearby investment properties with comparable prices
Listed by: Wes Gielau • RE/MAX Alliance
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255736