1045 Hiawatha DrEast DubuqueIL61025
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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
Rental property for sale in East Dubuque at 1045 Hiawatha Dr, East Dubuque, IL, 61025 generates $2,308/mo in rent, after a $2,863/mo payment. Total monthly income is $2,308/mo. Return on cash invested sits at 9.15% in year one, and rental yield is 4.73% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 46.12% and total cumulative return in cash sums $88,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61025, East Dubuque, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,170 (100%) |
| Owner Occupied HU | 1,644 (75.8%) |
| Renter Occupied HU | 313 (14.4%) |
| Vacant Housing Units | 213 ( 9.8%) |
| Median Home Value | $239,955 |
| Average Home Value | $251,852 |
Housing Distribution
Address Breakdown
Residential
1,975
Single Family
1,914
Multi-Family
61
Businesses
113
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Listed by: Kyle Boeve • Equity Real Estate Group LLC
Mls Name: East Central Iowa AOR
Mls ID: #152900