1005 13th AveBelle PlaineIA52208
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
Rental property for sale in Belle Plaine at 1005 13th Ave, Belle Plaine, IA, 52208 generates $1,600/mo in rent and, after a $1,150/mo payment, leaves $74/mo in cash flow. Total monthly income is $1,600/mo, and annual cash flow is $888/yr on $77,903 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 8.17% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 109.34% and total cumulative return in cash sums $85,180. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52208, Belle Plaine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,417 (100%) |
| Owner Occupied HU | 960 (67.7%) |
| Renter Occupied HU | 258 (18.2%) |
| Vacant Housing Units | 199 (14.0%) |
| Median Home Value | $120,603 |
| Average Home Value | $170,320 |
Housing Distribution
Address Breakdown
Residential
1,350
Single Family
1,331
Multi-Family
19
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rossi Babington • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls ID: #2509846