1407 13th AveBelle PlaineIA52208
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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 Belle Plaine at 1407 13th Ave, Belle Plaine, IA, 52208 earns $752/mo cash flow from $2,278/mo rent with a $1,150/mo payment. Total monthly income totals $2,278/mo, and annual cash flow totals $9,024/yr on $77,903 capital. ROI tracks 31.49% on current figures, and rental yield reads 11.63% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 165.35% and total cumulative return in cash sums $128,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,278/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52208, Belle Plaine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,417 (100%) |
| Owner Occupied HU | 960 (67.7%) |
| Renter Occupied HU | 258 (18.2%) |
| Vacant Housing Units | 199 (14.0%) |
| Median Home Value | $120,603 |
| Average Home Value | $170,320 |
Housing Distribution
Address Breakdown
Residential
1,350
Single Family
1,331
Multi-Family
19
Businesses
115
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Listed by: Robert Storm • STORM REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2600788