1111 Grand AveKeokukIA52632
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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 Keokuk at 1111 Grand Ave, Keokuk, IA, 52632 listed at $370,000 pairs $2,640/mo rent with a $1,811/mo payment to leave $179/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $2,148/yr on $122,655 cash to close. Return on cash invested measures 21.66% in year one, and rental yield registers 8.56% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 112.87% and total cumulative return in cash totals $138,437. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52632, Keokuk, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 3,476 (61.0%) |
| Renter Occupied HU | 1,509 (26.5%) |
| Vacant Housing Units | 713 (12.5%) |
| Median Home Value | $121,543 |
| Average Home Value | $172,788 |
Housing Distribution
Address Breakdown
Residential
5,095
Single Family
4,746
Multi-Family
349
Businesses
533
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Listed by: Tamatha Elder • Vandenberg Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328372
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.