716 1st Ave NEHamptonIA50441
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 716 1st Ave NE, Hampton, IA, 50441 uses $56,322 cash to close to unlock $2,150/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,283/mo, and a $832/mo payment keeps the spread at $179/mo. Purchase price stands at $169,900, and rental yield measures 9.06% with $1,283/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 123.77% and total cumulative return in cash records $69,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,283/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1936
0.36 Acres 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