2181 Brown Deer RdCoralvilleIA52241
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
Rental property for sale in Coralville at 2181 Brown Deer Rd, Coralville, IA, 52241 offers $5,124/mo rent that, after a $4,013/mo payment. Total monthly income is $5,124/mo. Return on cash invested measures 19.17% in year one, and rental yield stands at 7.5% at a $819,900 entry. Equity gained on principal adds $5,291/yr while 5% annual appreciation compounds into $226,523 by year five. Five-year ROI records 99.24% and total cumulative return in cash reaches $267,699. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,124/mo property income versus a $4,013/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Jeff Dill • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls ID: #202504342