507 Hope Ave, Underwood, IA, 51576 | 3.36% Rental Yield

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
742 sft

4935 N 15th St, Omaha, NE, 68110

Investment Property+ 1 more

3 Bed
1 Bath
1092 sft

3028 Avenue C, Council Bluffs, IA, 51501

1 Bed
1 Bath
535 sft

105 N 31st Ave APT 306, Omaha, NE, 68131

2 Bed
1 Bath
792 sft

1732 Avenue A, Council Bluffs, IA, 51501

Nearby investment properties with comparable prices

3 Bed
2 Bath
1468 sft

1802 Lothrop St, Omaha, NE, 68110

3 Bed
2 Bath
1517 sft

7611 Fillmore St, Omaha, NE, 68122

3 Bed
3 Bath
1498 sft

8209 Willit St, Omaha, NE, 68122

3 Bed
3 Bath
1600 sft

5642 Lake St, Omaha, NE, 68104

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Underwood at 507 Hope Ave, Underwood, IA, 51576 priced at $314,900 converts $882/mo rent into after a $1,541/mo obligation. Total monthly income equals $882/mo. Return on cash invested prints 6.54% in year one, and rental yield reads 3.36% against a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation compiles into $87,001 by year five. Five-year ROI reaches 31.6% and total cumulative return in cash sums $32,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $882/mo property income covering a $1,541/mo payment, not borrower’s personal income.

Townhouse

Built in 2022

3,920 sqft lot

$N/A/sqft

No HOA