2224 Eversull LnNorth LibertyIA52317
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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
Rental property for sale in North Liberty at 2224 Eversull Ln, North Liberty, IA, 52317 generates $2,450/mo in rent and, after a $1,455/mo payment, leaves $519/mo in cash flow. Total monthly income is $2,450/mo, and annual cash flow is $6,232/yr on $98,555 invested. Return on cash invested sits at 26.23% in year one, and rental yield is 9.89% on a $297,300 entry. Equity gained on principal adds $1,918/yr, while 5% annual appreciation builds toward $82,139 over five years. Five-year ROI reaches 137.18% and total cumulative return in cash sums $135,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,450/mo property income rather than buyer’s personal income.
Condo
Built in 2021
6.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52317, North Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,204 (66.3%) |
| Renter Occupied HU | 2,754 (29.5%) |
| Vacant Housing Units | 393 ( 4.2%) |
| Median Home Value | $356,391 |
| Average Home Value | $391,474 |
Housing Distribution
Address Breakdown
Residential
9,568
Single Family
8,026
Multi-Family
1,542
Businesses
615
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