1318 Terrace Heights DrMuscatineIA52761
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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 Muscatine at 1318 Terrace Heights Dr, Muscatine, IA, 52761 with 5% annual appreciation on a $185,000 basis while $1,312/mo rent supports operations. Total monthly income totals $1,312/mo and a $905/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,332/yr on $61,328 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 8.51%. Five-year ROI measures 114.88% and total cumulative return in cash totals $70,455.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,312/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Housing Distribution
Address Breakdown
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
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Listed by: Daniel Oien • First Choice Real Estate LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261461
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.