17 S 5th StEldridgeIA52748
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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 Eldridge at 17 S 5th St, Eldridge, IA, 52748 priced at $473,990 converts $1,050/mo rent into after a $2,320/mo obligation. Total monthly income equals $1,050/mo. Return on cash invested prints 4.42% in year one, and rental yield reads 2.66% against a $473,990 entry. Equity gained on principal adds $3,059/yr, while 5% annual appreciation compiles into $130,955 by year five. Five-year ROI reaches 20.18% and total cumulative return in cash sums $31,706. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,050/mo property income covering a $2,320/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
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