53422 S Highway 59 #UHendersonIA51541
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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 Henderson at 53422 S Highway 59 #U, Henderson, IA, 51541 offers a 0% rental yield on a $450,000 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
23.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51541, Henderson, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 146 (100%) |
| Owner Occupied HU | 120 (82.2%) |
| Renter Occupied HU | 17 (11.6%) |
| Vacant Housing Units | 9 ( 6.2%) |
| Median Home Value | $221,429 |
| Average Home Value | $211,188 |
Housing Distribution
Address Breakdown
Residential
150
Single Family
150
Multi-Family
0
Businesses
3
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