16848 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
Investment property for sale in Peosta at 16848 Thunder Ridge Dr, Peosta, IA, 52068 listed at $495,000 pairs $2,839/mo rent with a $2,423/mo payment. Total monthly income runs $2,839/mo. Return on cash invested measures 16.87% in year one, and rental yield registers 6.88% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 87.02% and total cumulative return in cash totals $142,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,839/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2023
N/A lot
$N/A/sqft
$480 annually 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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Listed by: Shari Greenwood • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #146872
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