2002 15th StRock ValleyIA51247
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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 Rock Valley at 2002 15th St, Rock Valley, IA, 51247 listed at $239,000 pairs $1,410/mo rent with a $1,170/mo payment. Total monthly income runs $1,410/mo. Return on cash invested measures 17.75% in year one, and rental yield registers 7.08% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 91.68% and total cumulative return in cash totals $72,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,410/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51247, Rock Valley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,071 (100%) |
| Owner Occupied HU | 1,571 (75.9%) |
| Renter Occupied HU | 379 (18.3%) |
| Vacant Housing Units | 121 ( 5.8%) |
| Median Home Value | $270,525 |
| Average Home Value | $384,378 |
Housing Distribution
Address Breakdown
Residential
2,014
Single Family
1,866
Multi-Family
148
Businesses
216
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Listed by: John Ross • Real Estate Unlimited
Mls Name: Iowa Great Lakes BOR
Mls ID: #251535