28003 230th StLe ClaireIA52753
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
Investment property for sale in Le Claire at 28003 230th St, Le Claire, IA, 52753 uses $123,484 cash to close to unlock $11,656/yr annual cash flow and $971/mo monthly cash flow. Total monthly income runs $3,557/mo, and a $1,823/mo payment keeps the spread at $971/mo. Purchase price stands at $372,500, and rental yield measures 11.46% with $3,557/mo rent. Return on cash invested shows 29.35% in year one, and 5% annual appreciation builds toward $102,915 over five years. Five-year ROI reaches 154.46% and total cumulative return in cash records $190,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,557/mo property income covering a $1,823/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.75 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52753, Le Claire, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,590 (100%) |
| Owner Occupied HU | 2,079 (80.3%) |
| Renter Occupied HU | 330 (12.7%) |
| Vacant Housing Units | 181 ( 7.0%) |
| Median Home Value | $368,249 |
| Average Home Value | $415,228 |
Housing Distribution
Address Breakdown
Residential
2,378
Single Family
2,378
Multi-Family
0
Businesses
150
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Nearby investment properties with comparable prices
Listed by: Daniel Oien • First Choice Real Estate LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264472
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-01 02:43:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)