1997 Elon DrHarpers FerryIA52146
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
Rental property for sale in Harpers Ferry at 1997 Elon Dr, Harpers Ferry, IA, 52146 generates $1,456/mo in rent, after a $1,566/mo payment. Total monthly income is $1,456/mo. Return on cash invested sits at 12.87% in year one, and rental yield is 5.46% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 65.5% and total cumulative return in cash sums $69,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,456/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52146, Harpers Ferry, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 403 (31.3%) |
| Renter Occupied HU | 39 ( 3.0%) |
| Vacant Housing Units | 844 (65.6%) |
| Median Home Value | $232,265 |
| Average Home Value | $288,505 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara E Smed • Keller Williams Legacy Group
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20260017