2621 Millstone DrDubuqueIA52002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dubuque at 2621 Millstone Dr, Dubuque, IA, 52002 generates $1,508/mo in rent and, after a $1,028/mo payment, leaves $144/mo in cash flow. Total monthly income is $1,508/mo, and annual cash flow is $1,728/yr on $69,615 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 8.62% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 116.53% and total cumulative return in cash sums $81,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Townhouse
Built in 2011
2,280 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lovell Group . • Real Broker, LLC
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152093
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.