515 Hickory TerKeokukIA52632
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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 Keokuk at 515 Hickory Ter, Keokuk, IA, 52632 uses $44,753 cash to close to unlock $1,716/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $661/mo payment keeps the spread at $143/mo. Purchase price stands at $135,000, and rental yield measures 9.07% with $1,020/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 123.8% and total cumulative return in cash records $55,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52632, Keokuk, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 3,476 (61.0%) |
| Renter Occupied HU | 1,509 (26.5%) |
| Vacant Housing Units | 713 (12.5%) |
| Median Home Value | $121,543 |
| Average Home Value | $172,788 |
Housing Distribution
Address Breakdown
Residential
5,095
Single Family
4,746
Multi-Family
349
Businesses
533
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