1804 8th AveBelle PlaineIA52208
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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 Belle Plaine at 1804 8th Ave, Belle Plaine, IA, 52208 earns $168/mo cash flow from $1,045/mo rent with a $661/mo payment. Total monthly income totals $1,045/mo, and annual cash flow totals $2,016/yr on $44,753 capital. ROI tracks 24.41% on current figures, and rental yield reads 9.29% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 127.4% and total cumulative return in cash sums $57,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,045/mo property income instead of your personal income.
Single Family
Built in 1900
0.26 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
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Listed by: James Snider • Premier Farm Realty Group
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254746