1613 7th AveBelle PlaineIA52208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1613 7th Ave, Belle Plaine, IA, 52208 earns $272/mo cash flow from $1,019/mo rent with a $563/mo payment. Total monthly income totals $1,019/mo, and annual cash flow totals $3,264/yr on $38,123 capital. ROI tracks 28.47% on current figures, and rental yield reads 10.63% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 149.16% and total cumulative return in cash sums $56,865. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,019/mo property income instead of your personal income.
Single Family
Built in 1890
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Lennie • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501631
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.