111 Hillside DrPark ViewIA52748
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 Park View at 111 Hillside Dr, Park View, IA, 52748 priced at $259,900 converts $2,074/mo rent into $386/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,074/mo, and annual cash flow totals $4,634/yr on $86,157 invested. Return on cash invested prints 25.29% in year one, and rental yield reads 9.58% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 132.13% and total cumulative return in cash sums $113,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,074/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1972
7,884 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices