112 Northridge DrWest BranchIA52358
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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 West Branch at 112 Northridge Dr, West Branch, IA, 52358 priced at $137,900 pairs $1,288/mo rent with $267/mo cash flow after a $675/mo payment. Total monthly income equals $1,288/mo, and annual cash flow comes to $3,208/yr on $45,714 invested. Return on cash invested is 26.93% in year one, and rental yield stands at 11.21% on a $137,900 basis. Equity gained on principal adds $890/yr, and 5% annual appreciation accumulates to $38,099 by year five. Five-year ROI measures 142.14% and total cumulative return in cash reaches $64,979. For financing, Ziffy Mortgage’s DSCR program evaluates $1,288/mo property income against a $675/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
2,613 sqft lot
$N/A/sqft
$1,500 annually 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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Listed by: Marisa Stout • Iowa Realty
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202501494
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.