1709 Randall DrSolonIA52333
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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 Solon at 1709 Randall Dr, Solon, IA, 52333 earns $1,567/mo cash flow from $3,107/mo rent with a $1,105/mo payment. Total monthly income totals $3,107/mo, and annual cash flow totals $18,800/yr on $74,853 capital. ROI tracks 45.02% on current figures, and rental yield reads 16.51% at a $225,800 purchase. Equity gained on principal adds $1,457/yr, and 5% annual appreciation supports $62,384 over five years. Five-year ROI reaches 238.37% and total cumulative return in cash sums $178,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,107/mo property income instead of your personal income.
Single Family
Built in 2001
3,240 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52333, Solon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,033 (100%) |
| Owner Occupied HU | 2,525 (83.3%) |
| Renter Occupied HU | 345 (11.4%) |
| Vacant Housing Units | 163 ( 5.4%) |
| Median Home Value | $386,995 |
| Average Home Value | $538,050 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,840
Multi-Family
74
Businesses
179
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