222 N 1st StLong GroveIA52756
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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 Long Grove at 222 N 1st St, Long Grove, IA, 52756 earns $847/mo cash flow from $2,786/mo rent with a $1,461/mo payment. Total monthly income totals $2,786/mo, and annual cash flow totals $10,169/yr on $98,953 capital. ROI tracks 30.19% on current figures, and rental yield reads 11.2% at a $298,500 purchase. Equity gained on principal adds $1,926/yr, and 5% annual appreciation supports $82,470 over five years. Five-year ROI reaches 158.38% and total cumulative return in cash sums $156,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,786/mo property income instead of your personal income.
Single Family
Built in 1900
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52756, Long Grove, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 786 (87.4%) |
| Renter Occupied HU | 66 ( 7.3%) |
| Vacant Housing Units | 47 ( 5.2%) |
| Median Home Value | $372,115 |
| Average Home Value | $395,646 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
827
Multi-Family
0
Businesses
31
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Listed by: Kayla Contreras • Exchange Brokers
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4265471
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.