1108 Iowa DrLe ClaireIA52753
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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
Investment property for sale in Le Claire at 1108 Iowa Dr, Le Claire, IA, 52753 with 5% annual appreciation on a $319,900 basis while $2,230/mo rent supports operations. Total monthly income totals $2,230/mo and a $1,566/mo payment preserves $2/mo for cash returns. Annual cash flow comes to $26/yr on $106,047 deployed, and return on cash invested reaches 19.93% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 8.37%. Five-year ROI measures 104.02% and total cumulative return in cash totals $110,312.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,230/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.70 Acres lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52753, Le Claire, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,590 (100%) |
| Owner Occupied HU | 2,079 (80.3%) |
| Renter Occupied HU | 330 (12.7%) |
| Vacant Housing Units | 181 ( 7.0%) |
| Median Home Value | $368,249 |
| Average Home Value | $415,228 |
Housing Distribution
Address Breakdown
Residential
2,378
Single Family
2,378
Multi-Family
0
Businesses
150
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Listed by: Terri Olson • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261802
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.