1407 Callahan Dr, Council Bluffs, IA, 51503 | 7.5% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Council Bluffs at 1407 Callahan Dr, Council Bluffs, IA, 51503 listed at $418,900 pairs $2,618/mo rent with a $2,050/mo payment. Total monthly income runs $2,618/mo. Return on cash invested measures 18.87% in year one, and rental yield registers 7.5% at a $418,900 basis. Equity gained on principal adds $2,703/yr, and annual property appreciation at 5% supports $115,734 by year five. Five-year ROI tracks 97.72% and total cumulative return in cash totals $135,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,618/mo property income relative to a $2,050/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2012

9,147 sqft lot

$N/A/sqft

$220 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51503, Council Bluffs, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,228 (100%)
Owner Occupied HU	10,261 (63.2%)
Renter Occupied HU	4,873 (30.0%)
Vacant Housing Units	1,094 ( 6.7%)
Median Home Value	$279,939
Average Home Value	$335,167