13109 83rd AveBlue GrassIA52726
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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 Blue Grass at 13109 83rd Ave, Blue Grass, IA, 52726 uses $132,567 cash to close to unlock $5,786/yr annual cash flow and $482/mo monthly cash flow. Total monthly income runs $3,079/mo, and a $1,957/mo payment keeps the spread at $482/mo. Purchase price stands at $399,900, and rental yield measures 9.24% with $3,079/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 126.67% and total cumulative return in cash records $167,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,079/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52726, Blue Grass, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,899 (100%) |
| Owner Occupied HU | 1,611 (84.8%) |
| Renter Occupied HU | 202 (10.6%) |
| Vacant Housing Units | 86 ( 4.5%) |
| Median Home Value | $297,509 |
| Average Home Value | $357,084 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,821
Multi-Family
0
Businesses
94
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Listed by: Trenton McDonough • HomeSmart Residential and Commercial Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4267534