518 Apollo RdHintonIA51024
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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 Hinton at 518 Apollo Rd, Hinton, IA, 51024 uses $127,628 cash to close to unlock $444/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $2,537/mo, and a $1,884/mo payment keeps the spread at $37/mo. Purchase price stands at $385,000, and rental yield measures 7.91% with $2,537/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 105.1% and total cumulative return in cash records $134,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,537/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1976
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51024, Hinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 710 (81.6%) |
| Renter Occupied HU | 97 (11.1%) |
| Vacant Housing Units | 63 ( 7.2%) |
| Median Home Value | $345,494 |
| Average Home Value | $403,951 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
47
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