1423 Legend DrTiffinIA52340
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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
Rental property for sale in Tiffin at 1423 Legend Dr, Tiffin, IA, 52340 priced at $519,900 pairs $3,718/mo rent with $341/mo cash flow after a $2,545/mo payment. Total monthly income equals $3,718/mo, and annual cash flow comes to $4,094/yr on $171,047 invested. Return on cash invested is 22.45% in year one, and rental yield stands at 8.58% on a $519,900 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,639 by year five. Five-year ROI measures 116.88% and total cumulative return in cash reaches $199,912. For financing, Ziffy Mortgage’s DSCR program evaluates $3,718/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
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