214 Shields StBurlingtonIA52601
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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 Burlington at 214 Shields St, Burlington, IA, 52601 priced at $134,000 converts $1,260/mo rent into $390/mo cash flow after a $656/mo obligation. Total monthly income equals $1,260/mo, and annual cash flow totals $4,675/yr on $44,421 invested. Return on cash invested prints 30.43% in year one, and rental yield reads 11.28% against a $134,000 entry. Equity gained on principal adds $865/yr, while 5% annual appreciation compiles into $37,022 by year five. Five-year ROI reaches 159.73% and total cumulative return in cash sums $70,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $656/mo payment, not borrower’s personal income.
Single Family
Built in 2004
8,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52601, Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,966 (100%) |
| Owner Occupied HU | 8,253 (59.1%) |
| Renter Occupied HU | 3,917 (28.0%) |
| Vacant Housing Units | 1,796 (12.9%) |
| Median Home Value | $158,166 |
| Average Home Value | $212,426 |
Housing Distribution
Address Breakdown
Residential
12,682
Single Family
11,980
Multi-Family
702
Businesses
1,151
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Listed by: Style Haeffner • Meadow and Main Inc.
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6334032