1500 E Linden Dr #131Mount PleasantIA52641
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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
Total monthly income runs $1,063/mo, and a $690/mo payment. Purchase price stands at $140,900, and rental yield measures 9.05% with $1,063/mo rent. Return on cash invested shows 14.71% in year one, and 5% annual appreciation builds toward $38,928 over five years. Five-year ROI reaches 78.68% and total cumulative return in cash records $36,749. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,063/mo property income covering a $690/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52641, Mount Pleasant, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,051 (100%) |
| Owner Occupied HU | 3,191 (63.2%) |
| Renter Occupied HU | 1,428 (28.3%) |
| Vacant Housing Units | 432 ( 8.6%) |
| Median Home Value | $175,163 |
| Average Home Value | $210,482 |
Housing Distribution
Address Breakdown
Residential
4,848
Single Family
4,458
Multi-Family
390
Businesses
517
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Listed by: Jon Salvador • Century 21/Property Profession
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327076
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