2248 Clover LnDubuqueIA52002
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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 Dubuque at 2248 Clover Ln, Dubuque, IA, 52002 offers $3,876/mo rent that, after a $3,377/mo payment. Total monthly income is $3,876/mo. Return on cash invested measures 16.86% in year one, and rental yield stands at 6.74% at a $690,000 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 86.86% and total cumulative return in cash reaches $197,192. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,876/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52002, Dubuque, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,260 (100%) |
| Owner Occupied HU | 5,171 (71.2%) |
| Renter Occupied HU | 1,724 (23.7%) |
| Vacant Housing Units | 365 ( 5.0%) |
| Median Home Value | $303,676 |
| Average Home Value | $336,713 |
Housing Distribution
Address Breakdown
Residential
7,304
Single Family
5,955
Multi-Family
1,349
Businesses
652
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Listed by: Jamie Blake • Remax Advantage
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151994
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.