7127 Hammer RdWadenaIA52169
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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 Wadena at 7127 Hammer Rd, Wadena, IA, 52169 priced at $450,000 pairs $0/mo rent with after a $2,203/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.6% in year one, and rental yield stands at 0% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
7.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52169, Wadena, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 144 (73.8%) |
| Renter Occupied HU | 34 (17.4%) |
| Vacant Housing Units | 17 ( 8.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $209,757 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
14
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No similar rental properties found nearby.
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Listed by: Bushman, Rylie • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #713146
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.