808 W 6th StHedrickIA52563
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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 Hedrick at 808 W 6th St, Hedrick, IA, 52563 listed at $325,000 pairs $1,234/mo rent with a $1,591/mo payment. Total monthly income runs $1,234/mo. Return on cash invested measures 10.14% in year one, and rental yield registers 4.56% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 50.85% and total cumulative return in cash totals $54,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,234/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 1980
37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52563, Hedrick, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 654 (100%) |
| Owner Occupied HU | 460 (70.3%) |
| Renter Occupied HU | 124 (19.0%) |
| Vacant Housing Units | 70 (10.7%) |
| Median Home Value | $146,053 |
| Average Home Value | $206,870 |
Housing Distribution
Address Breakdown
Residential
475
Single Family
443
Multi-Family
32
Businesses
27
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