509 E ChestnutHubbardIA50122
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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 Hubbard at 509 E Chestnut, Hubbard, IA, 50122 priced at $198,500 pairs $1,496/mo rent with $206/mo cash flow after a $972/mo payment. Total monthly income equals $1,496/mo, and annual cash flow comes to $2,477/yr on $65,803 invested. Return on cash invested is 23.67% in year one, and rental yield stands at 9.04% on a $198,500 basis. Equity gained on principal adds $1,281/yr, and 5% annual appreciation accumulates to $54,842 by year five. Five-year ROI measures 123.49% and total cumulative return in cash reaches $81,257. For financing, Ziffy Mortgage’s DSCR program evaluates $1,496/mo property income against a $972/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50122, Hubbard, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 615 (100%) |
| Owner Occupied HU | 439 (71.4%) |
| Renter Occupied HU | 112 (18.2%) |
| Vacant Housing Units | 64 (10.4%) |
| Median Home Value | $111,085 |
| Average Home Value | $184,339 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
231
Multi-Family
34
Businesses
42
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Listed by: Hunter Egdorf • 515 Realty Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #705241
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.