2232 S 12th StBurlingtonIA52601
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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 Burlington at 2232 S 12th St, Burlington, IA, 52601 earns $228/mo cash flow from $1,260/mo rent with a $778/mo payment. Total monthly income totals $1,260/mo, and annual cash flow totals $2,731/yr on $52,709 capital. ROI tracks 25.09% on current figures, and rental yield reads 9.51% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 131.07% and total cumulative return in cash sums $69,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,260/mo property income instead of your personal income.
Single Family
Built in 1950
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52601, Burlington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,966 (100%) |
| Owner Occupied HU | 8,253 (59.1%) |
| Renter Occupied HU | 3,917 (28.0%) |
| Vacant Housing Units | 1,796 (12.9%) |
| Median Home Value | $158,166 |
| Average Home Value | $212,426 |
Housing Distribution
Address Breakdown
Residential
12,682
Single Family
11,980
Multi-Family
702
Businesses
1,151
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Listed by: Cynthia K Miller • Century 21/Property Profession
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326798
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.