605 3rd StDelhiIA52223
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 Delhi at 605 3rd St, Delhi, IA, 52223 earns $197/mo cash flow from $2,290/mo rent with a $1,463/mo payment. Total monthly income totals $2,290/mo, and annual cash flow totals $2,364/yr on $99,119 capital. ROI tracks 22.29% on current figures, and rental yield reads 9.19% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 116.74% and total cumulative return in cash sums $115,714. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,290/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$300 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tatum Meyer • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152924
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.