2330 Avenue J, Council Bluffs, IA, 51501 | $459/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1542 sft

2231 N Broadway St, Council Bluffs, IA, 51503

2 Bed
1 Bath
760 sft

7090 Spencer St, Omaha, NE, 68104

3 Bed
2 Bath
1312 sft

185 Carter Lake Clb, Carter Lake, IA, 51510

Currently Rented+ 2 more

3 Bed
1 Bath
1560 sft

2532 N 64th St, Omaha, NE, 68104

Nearby investment properties with comparable prices

3 Bed
1 Bath
1403 sft

3315 N 14th Ave, Omaha, NE, 68110

3 Bed
1 Bath
1156 sft

7202 S 23rd St, Bellevue, NE, 68147

3 Bed
1 Bath
1080 sft

2711 S 10th St, Council Bluffs, IA, 51501

3 Bed
1 Bath
1181 sft

2502 Washington St, Omaha, NE, 68107

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Council Bluffs at 2330 Avenue J, Council Bluffs, IA, 51501 priced at $199,000 converts $1,762/mo rent into $459/mo cash flow after a $974/mo obligation. Total monthly income equals $1,762/mo, and annual cash flow totals $5,508/yr on $65,969 invested. Return on cash invested prints 28.26% in year one, and rental yield reads 10.63% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 148.08% and total cumulative return in cash sums $97,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,762/mo property income covering a $974/mo payment, not borrower’s personal income.

Single Family

Built in 2004

5,720 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,002 (100%)
Owner Occupied HU	8,402 (56.0%)
Renter Occupied HU	5,553 (37.0%)
Vacant Housing Units	1,047 ( 7.0%)
Median Home Value	$160,519
Average Home Value	$201,483