602 Central Ave EHamptonIA50441
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 602 Central Ave E, Hampton, IA, 50441 in Hampton fits: $199,900, 4.29% gross yield, and a projected 5% annual appreciation rate adding $55,229 in value within five years. Rental yield 4.29%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.79) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $1,841/yr in principal paydown and $55,229 in appreciation project a total return of $38,510.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(584) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $714 |
| Total Monthly Debt Service | $1,219 |
| DSCR Ratio | 0.59x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.