21704 283rd AveLe ClaireIA52753
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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 Le Claire at 21704 283rd Ave, Le Claire, IA, 52753 uses $130,943 cash to close to unlock $2,456/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $2,778/mo, and a $1,933/mo payment keeps the spread at $205/mo. Purchase price stands at $395,000, and rental yield measures 8.44% with $2,778/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 113.33% and total cumulative return in cash records $148,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,778/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.46 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52753, Le Claire, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,590 (100%) |
| Owner Occupied HU | 2,079 (80.3%) |
| Renter Occupied HU | 330 (12.7%) |
| Vacant Housing Units | 181 ( 7.0%) |
| Median Home Value | $368,249 |
| Average Home Value | $415,228 |
Housing Distribution
Address Breakdown
Residential
2,378
Single Family
2,378
Multi-Family
0
Businesses
150
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Listed by: Marybeth Chupka • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263455
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.