1704 11th AveBelle PlaineIA52208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belle Plaine at 1704 11th Ave, Belle Plaine, IA, 52208 uses $62,952 cash to close to unlock $3,830/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $1,552/mo, and a $929/mo payment keeps the spread at $319/mo. Purchase price stands at $189,900, and rental yield measures 9.81% with $1,552/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 135.94% and total cumulative return in cash records $85,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,552/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1902
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52208, Belle Plaine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,417 (100%) |
| Owner Occupied HU | 960 (67.7%) |
| Renter Occupied HU | 258 (18.2%) |
| Vacant Housing Units | 199 (14.0%) |
| Median Home Value | $120,603 |
| Average Home Value | $170,320 |
Housing Distribution
Address Breakdown
Residential
1,350
Single Family
1,331
Multi-Family
19
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Monnahan • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508765