310 N Hazel StGlenwoodIA51534
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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 Glenwood at 310 N Hazel St, Glenwood, IA, 51534 offers $1,394/mo rent that, after a $857/mo payment, leaves $257/mo cash flow. Total monthly income is $1,394/mo, and annual cash flow is $3,084/yr on $58,013 cash. Return on cash invested measures 25.23% in year one, and rental yield stands at 9.56% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 131.76% and total cumulative return in cash reaches $76,435. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,394/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51534, Glenwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,798 (100%) |
| Owner Occupied HU | 2,710 (71.4%) |
| Renter Occupied HU | 742 (19.5%) |
| Vacant Housing Units | 346 ( 9.1%) |
| Median Home Value | $262,868 |
| Average Home Value | $330,174 |
Housing Distribution
Address Breakdown
Residential
3,620
Single Family
3,603
Multi-Family
17
Businesses
225
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