1600 Mitchell PlTiffinIA52340
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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 Tiffin at 1600 Mitchell Pl, Tiffin, IA, 52340 generates $3,043/mo in rent and, after a $1,468/mo payment, leaves $1,078/mo in cash flow. Total monthly income is $3,043/mo, and annual cash flow is $12,942/yr on $99,417 invested. Return on cash invested sits at 32.93% in year one, and rental yield is 12.18% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 173.15% and total cumulative return in cash sums $172,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,043/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
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Listed by: Karla Davis • GATEWAY ACCESS REALTY
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202406446
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.