2709 Spinning Wheel CtMuscatineIA52761
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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 Muscatine at 2709 Spinning Wheel Ct, Muscatine, IA, 52761 priced at $239,900 pairs $1,778/mo rent with $220/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,778/mo, and annual cash flow comes to $2,642/yr on $79,527 invested. Return on cash invested is 23.23% in year one, and rental yield stands at 8.89% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 121.1% and total cumulative return in cash reaches $96,307. For financing, Ziffy Mortgage’s DSCR program evaluates $1,778/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52761, Muscatine, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,426 (100%) |
| Owner Occupied HU | 8,606 (64.1%) |
| Renter Occupied HU | 3,567 (26.6%) |
| Vacant Housing Units | 1,253 ( 9.3%) |
| Median Home Value | $194,585 |
| Average Home Value | $256,286 |
Housing Distribution
Address Breakdown
Residential
12,837
Single Family
11,769
Multi-Family
1,068
Businesses
990
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