2592 Middle Rd #318BettendorfIA52722
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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
Total monthly income runs $1,130/mo, and a $789/mo payment. Purchase price stands at $161,100, and rental yield measures 8.42% with $1,130/mo rent. Return on cash invested shows -23.39% in year one, and 5% annual appreciation builds toward $44,509 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,130/mo property income covering a $789/mo payment rather than investor’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$2,010 monthly 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: RMLS Alliance
Mls Provider:
Mls ID: #QC4261246
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