1505 13th AveBelle PlaineIA52208
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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 Belle Plaine at 1505 13th Ave, Belle Plaine, IA, 52208 listed at $255,000 pairs $540/mo rent with a $1,248/mo payment. Total monthly income runs $540/mo. Return on cash invested measures 4.07% in year one, and rental yield registers 2.54% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 18.28% and total cumulative return in cash totals $15,452. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $540/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52208, Belle Plaine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,417 (100%) |
| Owner Occupied HU | 960 (67.7%) |
| Renter Occupied HU | 258 (18.2%) |
| Vacant Housing Units | 199 (14.0%) |
| Median Home Value | $120,603 |
| Average Home Value | $170,320 |
Housing Distribution
Address Breakdown
Residential
1,350
Single Family
1,331
Multi-Family
19
Businesses
115
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Listed by: Robert Storm • STORM REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2405046
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.