148 Vine StCouncil BluffsIA51503
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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
Rental property for sale in Council Bluffs at 148 Vine St, Council Bluffs, IA, 51503 priced at $178,300 converts $1,782/mo rent into $624/mo cash flow after a $873/mo obligation. Total monthly income equals $1,782/mo, and annual cash flow totals $7,485/yr on $59,106 invested. Return on cash invested prints 32.57% in year one, and rental yield reads 11.99% against a $178,300 entry. Equity gained on principal adds $1,151/yr, while 5% annual appreciation compiles into $49,261 by year five. Five-year ROI reaches 171.17% and total cumulative return in cash sums $101,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,782/mo property income covering a $873/mo payment, not borrower’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
15,841
Single Family
13,738
Multi-Family
2,103
Businesses
761
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #24-2375