2118 Avenue E, Council Bluffs, IA, 51501 | $775/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Council Bluffs at 2118 Avenue E, Council Bluffs, IA, 51501 offers a 15.44% rental yield on a $123,500 purchase with $1,589/mo rent. Total monthly income registers $1,589/mo, and a $604/mo payment leaves $775/mo available for distribution. Annual cash flow reaches $9,304/yr on $40,940 to close, and return on cash invested stands at 42.64% in year one. Equity gained on principal adds $797/yr while 5% annual appreciation supports $34,121 over five years. Portfolio math shows five-year ROI at 225.32% and total cumulative return in cash at $92,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,589/mo property income against a $604/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

27 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,002 (100%)
Owner Occupied HU	8,402 (56.0%)
Renter Occupied HU	5,553 (37.0%)
Vacant Housing Units	1,047 ( 7.0%)
Median Home Value	$160,519
Average Home Value	$201,483