229 Southgate DrDubuqueIA52003
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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 Dubuque at 229 Southgate Dr, Dubuque, IA, 52003 uses $103,594 cash to close to unlock $7,320/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,530/mo payment keeps the spread at $610/mo. Purchase price stands at $312,500, and rental yield measures 10.14% with $2,640/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 141.11% and total cumulative return in cash records $146,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,530/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52003, Dubuque, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,282 (100%) |
| Owner Occupied HU | 5,062 (80.6%) |
| Renter Occupied HU | 823 (13.1%) |
| Vacant Housing Units | 397 ( 6.3%) |
| Median Home Value | $305,716 |
| Average Home Value | $344,051 |
Housing Distribution
Address Breakdown
Residential
6,184
Single Family
5,671
Multi-Family
513
Businesses
528
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