3074 320th AveHopkintonIA52237
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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
Total monthly income runs $2,033/mo, and a $1,933/mo payment. Purchase price stands at $395,000, and rental yield measures 6.18% with $2,033/mo rent. Return on cash invested shows 15.03% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 77.09% and total cumulative return in cash records $100,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,033/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1929
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52237, Hopkinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 645 (100%) |
| Owner Occupied HU | 507 (78.6%) |
| Renter Occupied HU | 86 (13.3%) |
| Vacant Housing Units | 52 ( 8.1%) |
| Median Home Value | $172,418 |
| Average Home Value | $287,214 |
Housing Distribution
Address Breakdown
Residential
497
Single Family
497
Multi-Family
0
Businesses
32
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