2162 Garfield AveDubuqueIA52001
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 Dubuque at 2162 Garfield Ave, Dubuque, IA, 52001 uses $55,692 cash to close to unlock $7,406/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $1,708/mo, and a $822/mo payment keeps the spread at $617/mo. Purchase price stands at $168,000, and rental yield measures 12.2% with $1,708/mo rent. Return on cash invested shows 33.21% in year one, and 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 174.65% and total cumulative return in cash records $97,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,708/mo property income covering a $822/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52001, Dubuque, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,155 (100%) |
| Owner Occupied HU | 10,834 (53.8%) |
| Renter Occupied HU | 7,535 (37.4%) |
| Vacant Housing Units | 1,786 ( 8.9%) |
| Median Home Value | $190,357 |
| Average Home Value | $240,723 |
Housing Distribution
Address Breakdown
Residential
18,543
Single Family
15,356
Multi-Family
3,187
Businesses
1,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Behan • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152215
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.