602 Central Ave EHamptonIA50441
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 Hampton at 602 Central Ave E, Hampton, IA, 50441 offers a 4.29% rental yield on a $199,900 purchase with $714/mo rent. 34% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 46.61% and total cumulative return in cash at $30,889. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $714/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
8,184 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50441, Hampton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,573 (63.0%) |
| Renter Occupied HU | 667 (26.7%) |
| Vacant Housing Units | 258 (10.3%) |
| Median Home Value | $131,163 |
| Average Home Value | $150,939 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,115
Multi-Family
186
Businesses
250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn A Plendl • Abbott Realty Inc
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328386
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.