2 Buffalo CtLeclaireIA52753
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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
Rental property for sale in Leclaire at 2 Buffalo Ct, Leclaire, IA, 52753 priced at $495,000 converts $4,022/mo rent into $807/mo cash flow after a $2,423/mo obligation. Total monthly income equals $4,022/mo, and annual cash flow totals $9,684/yr on $164,093 invested. Return on cash invested prints 25.81% in year one, and rental yield reads 9.75% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 134.87% and total cumulative return in cash sums $221,314. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,022/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52753, Le Claire, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,590 (100%) |
| Owner Occupied HU | 2,079 (80.3%) |
| Renter Occupied HU | 330 (12.7%) |
| Vacant Housing Units | 181 ( 7.0%) |
| Median Home Value | $368,249 |
| Average Home Value | $415,228 |
Housing Distribution
Address Breakdown
Residential
2,378
Single Family
2,378
Multi-Family
0
Businesses
150
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