56272 380th StHastingsIA51540
Nearby investment properties with comparable rents
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 Hastings at 56272 380th St, Hastings, IA, 51540 listed at $425,000 pairs $2,732/mo rent with a $2,080/mo payment. Total monthly income runs $2,732/mo. Return on cash invested measures 19.67% in year one, and rental yield registers 7.71% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 101.96% and total cumulative return in cash totals $143,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,732/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51540, Hastings, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 136 (80.5%) |
| Renter Occupied HU | 13 ( 7.7%) |
| Vacant Housing Units | 20 (11.8%) |
| Median Home Value | $250,000 |
| Average Home Value | $233,199 |
Housing Distribution
Address Breakdown
Residential
136
Single Family
136
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices