308 N 2nd AveHuxleyIA50124
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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
Rental property for sale in Huxley at 308 N 2nd Ave, Huxley, IA, 50124 generates $1,231/mo in rent, after a $1,003/mo payment. Total monthly income is $1,231/mo. Return on cash invested sits at 18.14% in year one, and rental yield is 7.21% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 93.77% and total cumulative return in cash sums $63,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,231/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50124, Huxley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,891 (100%) |
| Owner Occupied HU | 1,381 (73.0%) |
| Renter Occupied HU | 405 (21.4%) |
| Vacant Housing Units | 105 ( 5.6%) |
| Median Home Value | $357,770 |
| Average Home Value | $379,308 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,685
Multi-Family
197
Businesses
117
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