1476 Marilyn DrNorth LibertyIA52317
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
Rental property for sale in North Liberty at 1476 Marilyn Dr, North Liberty, IA, 52317 generates $1,691/mo in rent and, after a $1,174/mo payment, leaves $3/mo in cash flow. Total monthly income is $1,691/mo, and annual cash flow is $38/yr on $79,527 invested. Return on cash invested sits at 19.96% in year one, and rental yield is 8.46% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 104.25% and total cumulative return in cash sums $82,903. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,691/mo property income rather than buyer’s personal income.
Condo
Built in 2013
N/A lot
$N/A/sqft
$1,560 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52317, North Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,204 (66.3%) |
| Renter Occupied HU | 2,754 (29.5%) |
| Vacant Housing Units | 393 ( 4.2%) |
| Median Home Value | $356,391 |
| Average Home Value | $391,474 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
8,026
Multi-Family
1,542
Businesses
615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Bails • Urban Acres Real Estate Corridor
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2509240
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.