1429 & 1429-1/2 Valley View DrCoralvilleIA52241
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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 Coralville at 1429 & 1429-1/2 Valley View Dr, Coralville, IA, 52241 offers a 5.17% rental yield on a $300,000 purchase with $1,292/mo rent. 99% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 60.78% and total cumulative return in cash at $60,444. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,292/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1977
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Jackie Jedlicka • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2403889
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.