601 E 4th StHuxleyIA50124
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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 Huxley at 601 E 4th St, Huxley, IA, 50124 priced at $250,000 converts $1,260/mo rent into after a $1,224/mo obligation. Total monthly income equals $1,260/mo. Return on cash invested prints 12.83% in year one, and rental yield reads 6.05% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 65.92% and total cumulative return in cash sums $54,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Condo
Built in 2003
1,742 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50124, Huxley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,891 (100%) |
| Owner Occupied HU | 1,381 (73.0%) |
| Renter Occupied HU | 405 (21.4%) |
| Vacant Housing Units | 105 ( 5.6%) |
| Median Home Value | $357,770 |
| Average Home Value | $379,308 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,685
Multi-Family
197
Businesses
117
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Listed by: Tim Scheib • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #716019
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.