1605 Mulberry AveMuscatineIA52761
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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 Muscatine at 1605 Mulberry Ave, Muscatine, IA, 52761 offers $1,366/mo rent that, after a $773/mo payment, leaves $324/mo cash flow. Total monthly income is $1,366/mo, and annual cash flow is $3,891/yr on $52,377 cash. Return on cash invested measures 27.34% in year one, and rental yield stands at 10.37% at a $158,000 entry. Equity gained on principal adds $1,020/yr while 5% annual appreciation compounds into $43,652 by year five. Five-year ROI records 143.3% and total cumulative return in cash reaches $75,058. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,366/mo property income versus a $773/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Housing Distribution
Address Breakdown
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
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Listed by: Melissa Streeter • Ruhl&Ruhl REALTORS Muscatine
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261009
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.