1122 Mulberry AveMuscatineIA52761
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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 Muscatine at 1122 Mulberry Ave, Muscatine, IA, 52761 uses $57,648 cash to close to unlock $10,654/yr annual cash flow and $888/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $851/mo payment keeps the spread at $888/mo. Purchase price stands at $173,900, and rental yield measures 14.08% with $2,040/mo rent. Return on cash invested shows 38.39% in year one, and 5% annual appreciation builds toward $48,045 over five years. Five-year ROI reaches 202.52% and total cumulative return in cash records $116,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $851/mo payment rather than investor’s personal income.
Single Family
Built in 1897
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Housing Distribution
Address Breakdown
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
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Listed by: Laura Clemons • Skogman Realty Co.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202405638
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.