412 3rd St SHumboldtIA50548
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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 Humboldt at 412 3rd St S, Humboldt, IA, 50548 offers a 4.87% rental yield on a $299,900 purchase with $1,217/mo rent. 09% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 55.99% and total cumulative return in cash at $55,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,217/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50548, Humboldt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,725 (100%) |
| Owner Occupied HU | 1,730 (63.5%) |
| Renter Occupied HU | 735 (27.0%) |
| Vacant Housing Units | 260 ( 9.5%) |
| Median Home Value | $186,927 |
| Average Home Value | $232,088 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,288
Multi-Family
271
Businesses
288
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