214 Thomas AveMaquoketaIA52060
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
Investment property for sale in Maquoketa at 214 Thomas Ave, Maquoketa, IA, 52060 with 5% annual appreciation on a $159,000 basis while $1,253/mo rent supports operations. Total monthly income totals $1,253/mo and a $778/mo payment preserves $221/mo for cash returns. Annual cash flow comes to $2,647/yr on $52,709 deployed, and return on cash invested reaches 24.93% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.46%. Five-year ROI measures 130.2% and total cumulative return in cash totals $68,628.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,253/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1963
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52060, Maquoketa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,532 (64.0%) |
| Renter Occupied HU | 1,112 (28.1%) |
| Vacant Housing Units | 311 ( 7.9%) |
| Median Home Value | $169,063 |
| Average Home Value | $268,215 |
Housing Distribution
Address Breakdown
Residential
3,825
Single Family
3,469
Multi-Family
356
Businesses
347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Hafner • Nemmers Realty
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #150626
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.