116 Park Ave SPark ViewIA52748
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 Park View at 116 Park Ave S, Park View, IA, 52748 offers a 9.09% rental yield on a $264,000 purchase with $1,999/mo rent. Total monthly income registers $1,999/mo, and a $1,292/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,415/yr on $87,516 to close, and return on cash invested stands at 23.81% in year one. Equity gained on principal adds $1,704/yr while 5% annual appreciation supports $72,938 over five years. Portfolio math shows five-year ROI at 124.18% and total cumulative return in cash at $108,673. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,999/mo property income against a $1,292/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices