1621 5th AveCouncil BluffsIA51501
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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 Council Bluffs at 1621 5th Ave, Council Bluffs, IA, 51501 offers a 11.02% rental yield on a $187,000 purchase with $1,718/mo rent. Total monthly income registers $1,718/mo, and a $915/mo payment leaves $504/mo available for distribution. Annual cash flow reaches $6,046/yr on $61,991 to close, and return on cash invested stands at 29.66% in year one. Equity gained on principal adds $1,207/yr while 5% annual appreciation supports $51,665 over five years. Portfolio math shows five-year ROI at 155.53% and total cumulative return in cash at $96,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,718/mo property income against a $915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,002 (100%) |
| Owner Occupied HU | 8,402 (56.0%) |
| Renter Occupied HU | 5,553 (37.0%) |
| Vacant Housing Units | 1,047 ( 7.0%) |
| Median Home Value | $160,519 |
| Average Home Value | $201,483 |
Housing Distribution
Address Breakdown
Residential
15,035
Single Family
13,328
Multi-Family
1,707
Businesses
951
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Listed by: Shelley R Grudle • NP Dodge Real Estate - Council Bluffs
Mls Name: SWIAR
Mls ID: #25-1307