540 S Hayes AvePrimgharIA51245
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Nearby investment properties with comparable prices
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 Primghar at 540 S Hayes Ave, Primghar, IA, 51245 with 5% annual appreciation on a $137,100 basis while $1,562/mo rent supports operations. Total monthly income totals $1,562/mo and a $671/mo payment preserves $672/mo for cash returns. Annual cash flow comes to $8,060/yr on $45,449 deployed, and return on cash invested reaches 37.64% in year one. Equity gained on principal adds $885/yr, and five-year appreciation sums $37,878 alongside rental yield of 13.67%. Five-year ROI measures 198.37% and total cumulative return in cash totals $90,156.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,562/mo property income versus a $671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51245, Primghar, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 447 (70.5%) |
| Renter Occupied HU | 116 (18.3%) |
| Vacant Housing Units | 71 (11.2%) |
| Median Home Value | $174,202 |
| Average Home Value | $215,738 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
72
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Listed by: Dennis De Jong • Northwest Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #819064
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.