2873 Spring Rose Cir #308CoralvilleIA52241
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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 2873 Spring Rose Cir #308, Coralville, IA, 52241 earns $27/mo cash flow from $1,638/mo rent with a $1,101/mo payment. Total monthly income totals $1,638/mo, and annual cash flow totals $326/yr on $74,554 capital. ROI tracks 20.35% on current figures, and rental yield reads 8.74% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 106.52% and total cumulative return in cash sums $79,417. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,638/mo property income instead of your personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
$150 monthly 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: Michael Bails • Urban Acres Real Estate Corridor
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2300509
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.