1219 Devils Glen RdBettendorfIA52722
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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 Bettendorf at 1219 Devils Glen Rd, Bettendorf, IA, 52722 offers $898/mo rent that, after a $582/mo payment, leaves $106/mo cash flow. Total monthly income is $898/mo, and annual cash flow is $1,270/yr on $39,449 cash. Return on cash invested measures 23.13% in year one, and rental yield stands at 9.06% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 120.72% and total cumulative return in cash reaches $47,621. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $898/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
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Listed by: Jeff Hagel • Jeffrey Hagel
Mls Name: NY State MLS
Mls ID: #11482673