109 Northridge DrWest BranchIA52358
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 West Branch at 109 Northridge Dr, West Branch, IA, 52358 at $199,900 posts ROI 25.65% with $317/mo cash flow from $1,615/mo rent. Total monthly income equals $1,615/mo, and annual cash flow records $3,806/yr on $66,267 to close. Return on cash invested measures 25.65% and rental yield reads 9.69% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 134.11% and total cumulative return in cash totals $88,873.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,615/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1996
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52358, West Branch, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,433 (75.3%) |
| Renter Occupied HU | 319 (16.8%) |
| Vacant Housing Units | 151 ( 7.9%) |
| Median Home Value | $298,664 |
| Average Home Value | $326,218 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,649
Multi-Family
42
Businesses
110
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Nearby investment properties with comparable prices
Listed by: Kari Finley • First Choice Real Estate
Mls Name: Muscatine BOR
Mls Provider:
Mls ID: #25-408
Disclaimer: Copyright Muscatine Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.