2864 Coral Ct APT 202CoralvilleIA52241
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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
Investment property for sale in Coralville at 2864 Coral Ct APT 202, Coralville, IA, 52241 earns $392/mo cash flow from $1,321/mo rent with a $700/mo payment. Total monthly income totals $1,321/mo, and annual cash flow totals $4,706/yr on $47,405 capital. ROI tracks 29.84% on current figures, and rental yield reads 11.09% at a $143,000 purchase. Equity gained on principal adds $923/yr, and 5% annual appreciation supports $39,508 over five years. Five-year ROI reaches 156.58% and total cumulative return in cash sums $74,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,321/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Yasmine Rezai • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls ID: #202600027