1170 E Ridge DrBrooklynIA52211
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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
Rental property for sale in Brooklyn at 1170 E Ridge Dr, Brooklyn, IA, 52211 generates $1,518/mo in rent, after a $1,321/mo payment. Total monthly income is $1,518/mo. Return on cash invested sits at 16.16% in year one, and rental yield is 6.75% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 83.38% and total cumulative return in cash sums $74,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,518/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.59 Acres lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52211, Brooklyn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 896 (57.7%) |
| Renter Occupied HU | 225 (14.5%) |
| Vacant Housing Units | 432 (27.8%) |
| Median Home Value | $211,667 |
| Average Home Value | $246,032 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
83
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