70-88 Hillcrest Drive

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70-88 Hillcrest Drive

Ellston, IA 50074
Asking Price
$19K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel spans 0.557 acres on Hillcrest Drive
  • Asset is currently available for purchase in Ellston
  • Asking price for this land is 19000 dollars
  • Property is situated within the state of Iowa
  • Land is suitable for residential development projects

What's Special

Residential development serves as the primary potential use for this 0.557-acre parcel situated on Hillcrest Drive in Ellston, Iowa. The lot offers a practical footprint for building, fitting well within the landscape of this small Iowa community. Situated in Ringgold County, the property benefits from the quiet, stable environment characteristic of the region, making it a suitable option for those looking to develop within a rural residential setting. Potential buyers may find this site appropriate for a single-family home project or other compatible land use given the accessible location. The surrounding area maintains the open, accessible character typical of Southern Iowa, providing a straightforward environment for planning and construction. Investors and individuals seeking land for development will find this site provides a functional base for their specific project requirements.

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NOI
$80,000
Cap Rate
421.05%
DSCR
70.92
Strong
Cash-on-Cash
1383.72%
Monthly Payment
$94.002
Annual Cash Flow
$78,871.98

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