47573 Us Highway 65LucasIA50151
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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 Lucas at 47573 Us Highway 65, Lucas, IA, 50151 listed at $516,500 pairs $0/mo rent with a $2,528/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.63% in year one, and rental yield registers 0% at a $516,500 basis. Equity gained on principal adds $3,333/yr, and annual property appreciation at 5% supports $142,699 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,528/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
32.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50151, Lucas, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 289 (79.0%) |
| Renter Occupied HU | 28 ( 7.7%) |
| Vacant Housing Units | 49 (13.4%) |
| Median Home Value | $238,636 |
| Average Home Value | $323,651 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
15
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No similar rental properties found nearby.
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Listed by: Joshua Flournoy • Midwest Legacy Land and Farm Sales (Mid North Realty)
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6320198
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.