938 Springbrook DrHintonIA51024
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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 Hinton at 938 Springbrook Dr, Hinton, IA, 51024 earns from $3,206/mo rent with a $2,589/mo payment. Total monthly income totals $3,206/mo. ROI tracks 18.48% on current figures, and rental yield reads 7.27% at a $529,001 purchase. Equity gained on principal adds $3,414/yr, and 5% annual appreciation supports $146,153 over five years. Five-year ROI reaches 95.55% and total cumulative return in cash sums $166,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,206/mo property income instead of your personal income.
Single Family
Built in 1996
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51024, Hinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 710 (81.6%) |
| Renter Occupied HU | 97 (11.1%) |
| Vacant Housing Units | 63 ( 7.2%) |
| Median Home Value | $345,494 |
| Average Home Value | $403,951 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
47
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Listed by: Jeff Nelson • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #830455
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.