416 Hickory StIowa FallsIA50126
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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 Iowa Falls at 416 Hickory St, Iowa Falls, IA, 50126 generates $780/mo in rent and, after a $562/mo payment, leaves $34/mo in cash flow. Total monthly income is $780/mo, and annual cash flow is $410/yr on $38,089 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 8.15% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 109.14% and total cumulative return in cash sums $41,570. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $780/mo property income rather than buyer’s personal income.
Single Family
Built in 1887
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50126, Iowa Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,928 (62.2%) |
| Renter Occupied HU | 779 (25.1%) |
| Vacant Housing Units | 391 (12.6%) |
| Median Home Value | $134,118 |
| Average Home Value | $157,281 |
Housing Distribution
Address Breakdown
Residential
2,960
Single Family
2,739
Multi-Family
221
Businesses
386
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Listed by: Jason Jedele • Homestead Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327778
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.