2480 Wheatland 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
Investment property for sale in Dubuque at 2480 Wheatland Dr, Dubuque, IA, 52002 uses $165,750 cash to close to unlock $1,056/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $3,335/mo, and a $2,447/mo payment keeps the spread at $88/mo. Purchase price stands at $500,000, and rental yield measures 8% with $3,335/mo rent. Return on cash invested shows 20.55% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 106.65% and total cumulative return in cash records $176,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,335/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.30 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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