1009 20th AveCoralvilleIA52241
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
Investment property for sale in Coralville at 1009 20th Ave, Coralville, IA, 52241 earns $445/mo cash flow from $2,491/mo rent with a $1,542/mo payment. Total monthly income totals $2,491/mo, and annual cash flow totals $5,340/yr on $104,423 capital. ROI tracks 25.02% on current figures, and rental yield reads 9.49% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 130.64% and total cumulative return in cash sums $136,421. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,491/mo property income instead of your personal income.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: William & Renee Moomey • Ruhl & Ruhl Realtors
Mls Name: Muscatine BOR
Mls Provider:
Mls ID: #24-308
Disclaimer: Copyright Muscatine Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.