1513 13th AveRock ValleyIA51247
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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 Rock Valley at 1513 13th Ave, Rock Valley, IA, 51247 uses $54,698 cash to close to unlock $3,636/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $1,375/mo, and a $808/mo payment keeps the spread at $303/mo. Purchase price stands at $165,000, and rental yield measures 10% with $1,375/mo rent. Return on cash invested shows 26.56% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 138.87% and total cumulative return in cash records $75,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,375/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1964
4,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51247, Rock Valley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,071 (100%) |
| Owner Occupied HU | 1,571 (75.9%) |
| Renter Occupied HU | 379 (18.3%) |
| Vacant Housing Units | 121 ( 5.8%) |
| Median Home Value | $270,525 |
| Average Home Value | $384,378 |
Housing Distribution
Address Breakdown
Residential
2,014
Single Family
1,866
Multi-Family
148
Businesses
216
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Listed by: Ryan Zomer • Zomer Company
Mls Name: My State MLS
Mls ID: #11598695