602 Lexington StDelhiIA52223
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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
Investment property for sale in Delhi at 602 Lexington St, Delhi, IA, 52223 earns from $2,374/mo rent with a $2,442/mo payment. Total monthly income totals $2,374/mo. ROI tracks 13.62% on current figures, and rental yield reads 5.71% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 69.54% and total cumulative return in cash sums $115,026. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,374/mo property income instead of your personal income.
Single Family
Built in 2025
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52223, Delhi, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 581 (52.0%) |
| Renter Occupied HU | 73 ( 6.5%) |
| Vacant Housing Units | 464 (41.5%) |
| Median Home Value | $303,398 |
| Average Home Value | $477,629 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
48
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