2620 Arabian RdAlburnettIA52202
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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 Alburnett at 2620 Arabian Rd, Alburnett, IA, 52202 offers $2,281/mo rent that, after a $2,765/mo payment. Total monthly income is $2,281/mo. Return on cash invested measures 11.1% in year one, and rental yield stands at 4.84% at a $565,000 entry. Equity gained on principal adds $3,646/yr while 5% annual appreciation compounds into $156,099 by year five. Five-year ROI records 55.96% and total cumulative return in cash reaches $104,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,281/mo property income versus a $2,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52202, Alburnett, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 479 (100%) |
| Owner Occupied HU | 398 (83.1%) |
| Renter Occupied HU | 50 (10.4%) |
| Vacant Housing Units | 31 ( 6.5%) |
| Median Home Value | $300,787 |
| Average Home Value | $323,317 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
296
Multi-Family
4
Businesses
31
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