16688 Thunder Ridge DrPeostaIA52068
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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 Peosta at 16688 Thunder Ridge Dr, Peosta, IA, 52068 generates $2,202/mo in rent, after a $1,957/mo payment. Total monthly income is $2,202/mo. Return on cash invested sits at 16.33% in year one, and rental yield is 6.61% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 84.1% and total cumulative return in cash sums $111,488. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,202/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52068, Peosta, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,800 (100%) |
| Owner Occupied HU | 1,544 (85.8%) |
| Renter Occupied HU | 191 (10.6%) |
| Vacant Housing Units | 65 ( 3.6%) |
| Median Home Value | $341,860 |
| Average Home Value | $358,849 |
Housing Distribution
Address Breakdown
Residential
1,981
Single Family
1,930
Multi-Family
51
Businesses
122
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