2594 Eagle AveDoonIA51235
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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 Doon at 2594 Eagle Ave, Doon, IA, 51235 generates $886/mo in rent and, after a $563/mo payment, leaves $139/mo in cash flow. Total monthly income is $886/mo, and annual cash flow is $1,668/yr on $38,123 invested. Return on cash invested sits at 24.28% in year one, and rental yield is 9.25% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 126.69% and total cumulative return in cash sums $48,297. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $886/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51235, Doon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 416 (100%) |
| Owner Occupied HU | 359 (86.3%) |
| Renter Occupied HU | 45 (10.8%) |
| Vacant Housing Units | 12 ( 2.9%) |
| Median Home Value | $266,026 |
| Average Home Value | $332,737 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
31
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