1309 N 8th StBurlingtonIA52601
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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
Investment property for sale in Burlington at 1309 N 8th St, Burlington, IA, 52601 earns $134/mo cash flow from $913/mo rent with a $587/mo payment. Total monthly income totals $913/mo, and annual cash flow totals $1,610/yr on $39,747 capital. ROI tracks 23.96% on current figures, and rental yield reads 9.14% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 125.08% and total cumulative return in cash sums $49,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $913/mo property income instead of your personal income.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52601, Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,966 (100%) |
| Owner Occupied HU | 8,253 (59.1%) |
| Renter Occupied HU | 3,917 (28.0%) |
| Vacant Housing Units | 1,796 (12.9%) |
| Median Home Value | $158,166 |
| Average Home Value | $212,426 |
Housing Distribution
Address Breakdown
Residential
12,682
Single Family
11,980
Multi-Family
702
Businesses
1,151
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Listed by: Tammy Starkey-Hopkins • Century 21/Property Profession
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6321285