308 3rd Ave NEHamptonIA50441
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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 Hampton at 308 3rd Ave NE, Hampton, IA, 50441 earns $359/mo cash flow from $1,528/mo rent with a $881/mo payment. Total monthly income totals $1,528/mo, and annual cash flow totals $4,308/yr on $59,670 capital. ROI tracks 27.13% on current figures, and rental yield reads 10.19% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 141.93% and total cumulative return in cash sums $84,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,528/mo property income instead of your personal income.
Single Family
Built in 1950
7,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50441, Hampton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,573 (63.0%) |
| Renter Occupied HU | 667 (26.7%) |
| Vacant Housing Units | 258 (10.3%) |
| Median Home Value | $131,163 |
| Average Home Value | $150,939 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,115
Multi-Family
186
Businesses
250
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Listed by: Kathryn A Plendl • Abbott Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327257
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.