3877 Lily AveHospersIA51238
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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 Hospers at 3877 Lily Ave, Hospers, IA, 51238 generates $1,900/mo in rent and, after a $1,395/mo payment, leaves $49/mo in cash flow. Total monthly income is $1,900/mo, and annual cash flow is $588/yr on $94,478 invested. Return on cash invested sits at 20.53% in year one, and rental yield is 8% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 106.56% and total cumulative return in cash sums $100,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,900/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51238, Hospers, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 480 (100%) |
| Owner Occupied HU | 394 (82.1%) |
| Renter Occupied HU | 56 (11.7%) |
| Vacant Housing Units | 30 ( 6.2%) |
| Median Home Value | $210,000 |
| Average Home Value | $277,608 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
229
Multi-Family
11
Businesses
34
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