515 6th St SWHamptonIA50441
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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 Hampton at 515 6th St SW, Hampton, IA, 50441 priced at $119,000 converts $714/mo rent into after a $582/mo obligation. Total monthly income equals $714/mo. Return on cash invested prints 18.13% in year one, and rental yield reads 7.2% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 93.77% and total cumulative return in cash sums $36,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $714/mo property income covering a $582/mo payment, not borrower’s personal income.
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50441, Hampton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,573 (63.0%) |
| Renter Occupied HU | 667 (26.7%) |
| Vacant Housing Units | 258 (10.3%) |
| Median Home Value | $131,163 |
| Average Home Value | $150,939 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,115
Multi-Family
186
Businesses
250
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Listed by: Ferat Aliu • Staley Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6315904
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.