450 Ohio StStanhopeIA50246
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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 Stanhope at 450 Ohio St, Stanhope, IA, 50246 generates $1,145/mo in rent and, after a $627/mo payment, leaves $314/mo in cash flow. Total monthly income is $1,145/mo, and annual cash flow is $3,770/yr on $42,432 invested. Return on cash invested sits at 28.79% in year one, and rental yield is 10.73% on a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 150.99% and total cumulative return in cash sums $64,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,145/mo property income rather than buyer’s personal income.
Single Family
Built in 1911
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50246, Stanhope, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 335 (100%) |
| Owner Occupied HU | 235 (70.1%) |
| Renter Occupied HU | 63 (18.8%) |
| Vacant Housing Units | 37 (11.0%) |
| Median Home Value | $164,352 |
| Average Home Value | $209,894 |
Housing Distribution
Address Breakdown
Residential
135
Single Family
135
Multi-Family
0
Businesses
21
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Listed by: Tara Murray • Hunziker & Assoc.-Boone
Mls Name: CIBR
Mls Provider:
Mls ID: #68208
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.