906 Beaver StNew HartfordIA50660
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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 New Hartford at 906 Beaver St, New Hartford, IA, 50660 earns $407/mo cash flow from $1,608/mo rent with a $905/mo payment. Total monthly income totals $1,608/mo, and annual cash flow totals $4,886/yr on $61,294 capital. ROI tracks 27.88% on current figures, and rental yield reads 10.44% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 146.06% and total cumulative return in cash sums $89,527. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,608/mo property income instead of your personal income.
Single Family
Built in 1976
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50660, New Hartford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 562 (100%) |
| Owner Occupied HU | 430 (76.5%) |
| Renter Occupied HU | 96 (17.1%) |
| Vacant Housing Units | 36 ( 6.4%) |
| Median Home Value | $226,087 |
| Average Home Value | $246,872 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
18
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Listed by: Sara Wegmann • Oakridge Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255938