1145 Old Quarry LnMount VernonIA52314
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
Investment property for sale in Mount Vernon at 1145 Old Quarry Ln, Mount Vernon, IA, 52314 at $169,900 posts ROI 24.67% with $224/mo cash flow from $1,340/mo rent. Total monthly income equals $1,340/mo, and annual cash flow records $2,684/yr on $56,322 to close. Return on cash invested measures 24.67% and rental yield reads 9.46% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 128.93% and total cumulative return in cash totals $72,614.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,340/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1934
N/A lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52314, Mount Vernon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,143 (100%) |
| Owner Occupied HU | 1,617 (75.5%) |
| Renter Occupied HU | 379 (17.7%) |
| Vacant Housing Units | 147 ( 6.9%) |
| Median Home Value | $330,475 |
| Average Home Value | $363,694 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
1,944
Multi-Family
68
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Grade • Skogman Realty Co.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202503271
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.