2344 Long View LnHarpers FerryIA52146
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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 Harpers Ferry at 2344 Long View Ln, Harpers Ferry, IA, 52146 uses $79,527 cash to close to unlock $5,594/yr annual cash flow and $466/mo monthly cash flow. Total monthly income runs $2,024/mo, and a $1,174/mo payment keeps the spread at $466/mo. Purchase price stands at $239,900, and rental yield measures 10.12% with $2,024/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 141.02% and total cumulative return in cash records $112,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,024/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1998
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52146, Harpers Ferry, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 403 (31.3%) |
| Renter Occupied HU | 39 ( 3.0%) |
| Vacant Housing Units | 844 (65.6%) |
| Median Home Value | $232,265 |
| Average Home Value | $288,505 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
25
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Listed by: Gerald Adams • Adams Auction & Real Estate, LLC
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20253604