1721 12th AveCoralvilleIA52241
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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 Coralville at 1721 12th Ave, Coralville, IA, 52241 offers a 7.8% rental yield on a $510,000 purchase with $3,316/mo rent. Total monthly income registers $3,316/mo, and a $2,496/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $48/yr on $167,790 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 104.17% and total cumulative return in cash at $174,783. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,316/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Gwen Johnson • Skogman Realty Co.
Mls Name: Iowa City Area AOR
Mls ID: #202507443