2827 2nd Ave, Council Bluffs, IA, 51501 | $351/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Council Bluffs at 2827 2nd Ave, Council Bluffs, IA, 51501 generates $1,520/mo in rent and, after a $881/mo payment, leaves $351/mo in cash flow. Total monthly income is $1,520/mo, and annual cash flow is $4,212/yr on $59,670 invested. Return on cash invested sits at 26.97% in year one, and rental yield is 10.13% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 141.06% and total cumulative return in cash sums $84,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,520/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51501, Council Bluffs, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,002 (100%)
Owner Occupied HU	8,402 (56.0%)
Renter Occupied HU	5,553 (37.0%)
Vacant Housing Units	1,047 ( 7.0%)
Median Home Value	$160,519
Average Home Value	$201,483