1652 Aspen CtNorthlibertyIA52317
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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 Northliberty at 1652 Aspen Ct, Northliberty, IA, 52317 offers a 10.36% rental yield on a $287,500 purchase with $2,483/mo rent. Total monthly income registers $2,483/mo, and a $1,407/mo payment leaves $616/mo available for distribution. Annual cash flow reaches $7,392/yr on $95,306 to close, and return on cash invested stands at 27.67% in year one. Equity gained on principal adds $1,855/yr while 5% annual appreciation supports $79,431 over five years. Portfolio math shows five-year ROI at 144.82% and total cumulative return in cash at $138,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,483/mo property income against a $1,407/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52317, North Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,204 (66.3%) |
| Renter Occupied HU | 2,754 (29.5%) |
| Vacant Housing Units | 393 ( 4.2%) |
| Median Home Value | $356,391 |
| Average Home Value | $391,474 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
8,026
Multi-Family
1,542
Businesses
615
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Listed by: Mike Bails • Urban Acres Real Estate
Mls Name: Iowa City Area AOR
Mls ID: #202600494