2865 Coral Ct APT 101CoralvilleIA52241
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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 2865 Coral Ct APT 101, Coralville, IA, 52241 uses $43,095 cash to close to unlock $2,760/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,266/mo, and a $636/mo payment keeps the spread at $230/mo. Purchase price stands at $130,000, and rental yield measures 11.69% with $1,266/mo rent. Return on cash invested shows 26.31% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 139.51% and total cumulative return in cash records $60,123. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,266/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$2,160 annually 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: Rob McCain • Urban Acres Real Estate
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502717
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.