2402 Spruce Wood DrDubuqueIA52002
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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 2402 Spruce Wood Dr, Dubuque, IA, 52002 generates $3,356/mo in rent, after a $2,570/mo payment. Total monthly income is $3,356/mo. Return on cash invested sits at 19.69% in year one, and rental yield is 7.67% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 102% and total cumulative return in cash sums $176,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,356/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.32 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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