55034 150th AveLucasIA50151
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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 Lucas at 55034 150th Ave, Lucas, IA, 50151 generates $1,568/mo in rent, after a $2,910/mo payment. Total monthly income is $1,568/mo. Return on cash invested sits at 5.99% in year one, and rental yield is 3.17% on a $594,500 entry. Equity gained on principal adds $3,836/yr, while 5% annual appreciation builds toward $164,249 over five years. Five-year ROI reaches 28.57% and total cumulative return in cash sums $55,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,568/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50151, Lucas, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 289 (79.0%) |
| Renter Occupied HU | 28 ( 7.7%) |
| Vacant Housing Units | 49 (13.4%) |
| Median Home Value | $238,636 |
| Average Home Value | $323,651 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
15
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