1360 Kimberly Ridge Rd APT 211BettendorfIA52722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bettendorf at 1360 Kimberly Ridge Rd APT 211, Bettendorf, IA, 52722 listed at $167,000 pairs $1,315/mo rent with a $817/mo payment. Total monthly income runs $1,315/mo. Return on cash invested measures 17.37% in year one, and rental yield registers 9.45% at a $167,000 basis. Equity gained on principal adds $1,078/yr, and annual property appreciation at 5% supports $46,139 by year five. Five-year ROI tracks 92.37% and total cumulative return in cash totals $51,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,315/mo property income relative to a $817/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
2,178 sqft lot
$N/A/sqft
$348 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Nolting • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4260459
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.