1144 Brookview DrDe WittIA52742
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 De Witt at 1144 Brookview Dr, De Witt, IA, 52742 offers $2,836/mo rent that, after a $2,594/mo payment. Total monthly income is $2,836/mo. Return on cash invested measures 15.89% in year one, and rental yield stands at 6.42% at a $529,900 entry. Equity gained on principal adds $3,419/yr while 5% annual appreciation compounds into $146,402 by year five. Five-year ROI records 81.68% and total cumulative return in cash reaches $142,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,836/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52742, De Witt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,409 (72.3%) |
| Renter Occupied HU | 728 (21.9%) |
| Vacant Housing Units | 193 ( 5.8%) |
| Median Home Value | $273,680 |
| Average Home Value | $299,149 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
3,080
Multi-Family
128
Businesses
291
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