2592 Middle Rd #120BettendorfIA52722
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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 Bettendorf at 2592 Middle Rd #120, Bettendorf, IA, 52722 uses $56,024 cash to close to unlock $2,263/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,286/mo, and a $827/mo payment keeps the spread at $189/mo. Purchase price stands at $169,000, and rental yield measures 9.13% with $1,286/mo rent. Return on cash invested shows 23.95% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 124.95% and total cumulative return in cash records $70,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,286/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52722, Bettendorf, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,982 (100%) |
| Owner Occupied HU | 12,443 (69.2%) |
| Renter Occupied HU | 4,389 (24.4%) |
| Vacant Housing Units | 1,150 ( 6.4%) |
| Median Home Value | $342,973 |
| Average Home Value | $386,947 |
Housing Distribution
Address Breakdown
Residential
17,987
Single Family
15,350
Multi-Family
2,637
Businesses
1,446
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Listed by: Lindsay Thiel • Ruhl&Ruhl REALTORS DeWitt
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269004