15 Lakeshore CtCouncil BluffsIA51501
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
Investment property for sale in Council Bluffs at 15 Lakeshore Ct, Council Bluffs, IA, 51501 at $179,900 posts ROI 24.84% with $245/mo cash flow from $1,414/mo rent. Total monthly income equals $1,414/mo, and annual cash flow records $2,942/yr on $59,637 to close. Return on cash invested measures 24.84% and rental yield reads 9.43% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 129.78% and total cumulative return in cash totals $77,397.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,414/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,002 (100%) |
| Owner Occupied HU | 8,402 (56.0%) |
| Renter Occupied HU | 5,553 (37.0%) |
| Vacant Housing Units | 1,047 ( 7.0%) |
| Median Home Value | $160,519 |
| Average Home Value | $201,483 |
Housing Distribution
Address Breakdown
Residential
15,035
Single Family
13,328
Multi-Family
1,707
Businesses
951
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Listed by: Jason M. James • Heartland Properties
Mls Name: SWIAR
Mls ID: #25-1368